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Weltrend Reports First Quarter EPS of NT$0.74
2022-05-05
Hsinchu, Taiwan, May 5, 2022 – Weltrend Semiconductor (TWSE:2436) today announced financial results for the quarter ended March 31, 2022 with consolidated revenue of NT$ 947.34 million, net income of NT$ 130.9 million, and diluted earnings per share of NT$0.74. |
Year-over-year, first quarter revenue increased 25.9%, net income decreased 29.5%, while diluted EPS decreased 29.5%. Compare to fourth quarter 2021, revenue decreased 2.4%, net income decreased 29.3%, and diluted EPS decreased 29.5%. All figures were prepared in accordance with TIFRS on a consolidated basis. |
Gross margin for the quarter was 35%, operating margin was 18%, and net profit margin was 14%. |
Further details on the results are available at: http://www.weltrend.com.tw/en-global/investor/index/19/22. |
About Weltrend Semiconductor Inc. Founded in 1989 in the "Silicon Valley of Taiwan", the Science-Based Industrial Park (SBIP) in Hsinchu, Weltrend (TAIEX: 2436) is a leading fabless semiconductor company, also known as IC design house, specializing in the planning, design, testing, application development and distribution of mixed-signal/digital IC products across multiple applications. For more information, please visit www.weltrend.com. |