Yuan High-Tech Development Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
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Yuan High-Tech Development Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 401.57 million compared to TWD 423.39 million a year ago. Net income was TWD 79.68 million compared to TWD 78.47 million a year ago. Basic earnings per share from continuing operations was TWD 2 compared to TWD 1.97 a year ago. Diluted earnings per share from continuing operations was TWD 2 compared to TWD 1.97 a year ago.
Yuan High-Tech Development Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and sales of video and audio products. The Companyâs primary products include digital and analog television cards with peripheral component interconnect (PCI) express, digital and analog television boxes universal serial bus (USB), hardware compressed PCI express, hardware compressed boxes USB and video capture and converter cards. Its products are mainly used for the consumer, personal computer television (PCTV), surveillance and mobile digital video recorder (DVR) markets. The Company mainly distributes its products in the domestic market and overseas markets, including the rest of Asia, the Americas and Europe.