Weltrend | News & Events

News & Events

Mar 3

2022

Weltrend Reports 2021 Consolidated Financial Statements

Hsinchu, Taiwan, March 03, 2022 – Weltrend Semiconductor (TWSE: 2436) today announced financial results for 2021 with consolidated revenue of NT$3.6 billion, net income of NT$751.34 million, and diluted earnings per share of NT$4.25.

Compare to 2020, 2021 revenue increased 37.5%, net income increased 120%, and diluted EPS increased 119.1%. All figures were prepared in accordance with TIFRS on a consolidated basis.

Gross margin for the year was 31%, operating margin was 13%, and net profit margin was 21%.

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.

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