Weltrend | News & Events

News & Events

Nov 6

2024

Weltrend Reports Third Quarter EPS of NT$0.08

Hsinchu, Taiwan, November 06, 2024 – Weltrend Semiconductor (TWSE: 2436) today announced financial results for the quarter ended September 30, 2024 with consolidated revenue of NT$847.48 million, net income of NT$13.73 million, and diluted earnings per share of NT$0.08.

Year-over-year, third quarter revenue increased 3.1%, net income decreased 83.6%, while diluted EPS decreased 82.6%. Compare to second quarter 2024, revenue increased 13.6%, net income decreased 85.3%, and diluted EPS decreased 84.3%. All figures were prepared in accordance with TIFRS on a consolidated basis.

Gross margin for the quarter was 30%, operating margin was 10%, and net profit margin was 2%.

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 Hsinchu Science Park, Weltrend Semiconductor, Inc. (TWSE: 2436) is a leading fabless semiconductor company specializing in the planning, design, testing, application development, and distribution of mixed-signal/digital IC products in power supplies, motor controls, image processing, and more across multiple applications. For more information, please visit www.weltrend.com.

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