Ultrachip Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020
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UltraChip Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 356.972 million compared to TWD 292.894 million a year ago. Operating income was TWD 37.065 million compared to TWD 28.841 million a year ago. Net income was TWD 30.193 million compared to TWD 22.847 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.35 a year ago. For the nine months, total revenue was TWD 897.194 million compared to TWD 893.776 million a year ago. Operating income was TWD 77.603 million compared to TWD 79.781 million a year ago. Net income was TWD 63.495 million compared to TWD 66.792 million a year ago. Basic earnings per share was TWD 0.98 compared to TWD 1.03 a year ago. Diluted earnings per share was TWD 0.96 compared to TWD 1.02 a year ago.
Ultra Chip, Inc. is a Taiwan-based company primarily engaged in the research, development, design, manufacture and distribution of driver integrated circuit (ICs). The Companyâs main products portfolio consists of liquid crystal display (LCD) driver ICs, which are applied in the automobile navigation, driving recorders and others; touch panel controller ICs, which are mainly used in smart phones, tablet personal computers (PCs), handheld game consoles and others; electrophoretic display (EPD) ICs, as well as motor controller ICs. The Company distributes its products within domestic market and to overseas markets.