Universal Microwave Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 07:35 pm
Share
Universal Microwave Technology, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 444.366 million compared to TWD 412.458 million a year ago. Operating income was TWD 82.647 million compared to TWD 58.271 million a year ago. Net income was TWD 61.539 million compared to TWD 30.377 million a year ago. Basic earnings per share was TWD 1.09 compared to TWD 0.58 a year ago. Diluted earnings per share was TWD 1.07 compared to TWD 0.56 a year ago.
Universal Microwave Technology Inc is a Taiwan-based company principally engaged in the design, research, development, manufacture and sale of microwave communication components and subsystems, antennas and radio frequency (RF) components. The microwave components include duplexers, couplers, circulator components and other passive components or integrate multiple components into a sub-system. The components are used in point-to-point or point-to-multipoint communication equipment, mobile communication base stations, broadband wireless transmission and satellite communication systems. The antennas are used in broadcasting, television, mobile phone communication, wireless Internet access, positioning, navigation and tracking. The RF components are used in communication base stations and connect within and between communication equipment. The Company operates within the domestic market and to overseas markets, including China mainland, Asia, Europe and America.