Vate Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 27, 2022
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Vate Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 74.03 million compared to TWD 96.5 million a year ago. Net income was TWD 6.72 million compared to TWD 13.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.09 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.09 compared to TWD 0.17 a year ago.
For the six months, sales was TWD 153.71 million compared to TWD 197.61 million a year ago. Net income was TWD 9.31 million compared to TWD 35.2 million a year ago. Basic earnings per share from continuing operations was TWD 0.12 compared to TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.12 compared to TWD 0.44 a year ago.
VATE TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in central processing unit (CPU) testing business. The Company mainly provides logic testing services, including the testing of logic ICs, such as high-pin-count chipset ICs and communication ICs; power IC testing services, and CPU testing services, including the testing services of CPUs and peripheral products. The Company distributes its products in domestic market and to overseas markets.