Weltrend | News & Events

News & Events

Feb 24

2023

Weltrend Reports 2022 Consolidated Financial Statements

Hsinchu, Taiwan, February 24, 2022 – Weltrend Semiconductor (TWSE: 2436) today announced financial results for 2022 with consolidated revenue of NT$2.89 billion, net income of NT$107.87 million, and diluted earnings per share of NT$0.83.

Compare to 2021, 2022 revenue decreased 19.8%, net income decreased 85.6%, and diluted EPS decreased 80.5%. All figures were prepared in accordance with TIFRS on a consolidated basis.

Gross margin for the year was 29%, operating margin was 9%, and net profit margin was 4%.

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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