Universal Microwave Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Universal Microwave Technology, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 407.423 million compared to TWD 427.549 million a year ago. Operating income was TWD 39.968 million compared to TWD 68.250 million a year ago. Net income was TWD 98.865 million compared to TWD 86.803 million a year ago. Basic earnings per share from continuing operations was TWD 1.59 compared to TWD 1.43 a year ago. Diluted earnings per share from continuing operations was TWD 1.59 compared to TWD 1.41 a year ago. For the half year, total revenue was TWD 773.504 million compared to TWD 703.168 million a year ago. Operating income was TWD 77.663 million compared to TWD 86.688 million a year ago. Net income was TWD 126.789 million compared to TWD 81.686 million a year ago. Basic earnings per share from continuing operations was TWD 2.04 compared to TWD 1.34 a year ago. Diluted earnings per share from continuing operations was TWD 2.03 compared to TWD 1.32 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.