Universal Microelectronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Universal Microelectronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,314.63 million compared to TWD 1,021.72 million a year ago. Net income was TWD 102.52 million compared to TWD 14.44 million a year ago. Basic earnings per share was TWD 0.81 compared to TWD 0.11 a year ago. Diluted earnings per share was TWD 0.81 compared to TWD 0.11 a year ago.
For the nine months, sales was TWD 3,442.12 million compared to TWD 3,078.15 million a year ago. Net income was TWD 174.25 million compared to net loss of TWD 12.48 million a year ago. Basic earnings per share was TWD 1.37 compared to basic loss per share of TWD 0.1 a year ago. Diluted earnings per share was TWD 1.37 compared to diluted loss per share of TWD 0.1 a year ago.
UNIVERSAL MICROELECTRONICS CO LTD is a Taiwan-based company engaged in the manufacture and sale of electrical components with its subsidiaries. The Company's products include electromagnetic components, power supplies, information communication products, optical communication products, photoelectric products, such as converters, adapters, transformers and inductors for power supply and communication and others. The Company distributes its products mainly in Taiwan market and to overseas markets, including Mainland China, the United States and Japan.