Weltrend | News & Events

News & Events

May 5

2022

Weltrend Reports First Quarter EPS of NT$0.74

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.

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