Answer Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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Answer Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,705.5 million compared to TWD 1,695.49 million a year ago. Revenue was TWD 1,705.5 million compared to TWD 1,695.49 million a year ago. Net income was TWD 116.27 million compared to TWD 69.53 million a year ago. Basic earnings per share from continuing operations was TWD 1.76 compared to TWD 1.06 a year ago. Diluted earnings per share from continuing operations was TWD 1.73 compared to TWD 1.05 a year ago.
For the six months, sales was TWD 3,210.6 million compared to TWD 3,231.51 million a year ago. Revenue was TWD 3,210.6 million compared to TWD 3,231.51 million a year ago. Net income was TWD 199.38 million compared to TWD 148.53 million a year ago. Basic earnings per share from continuing operations was TWD 3.02 compared to TWD 2.26 a year ago. Diluted earnings per share from continuing operations was TWD 2.96 compared to TWD 2.23 a year ago.
Answer Technology Co Ltd is a Taiwan-based company principally engaged in the distribution of analog integrated circuits (ICs), mixed-signal ICs, logic ICs and ICs for special applications. The Company's brand agency business covers domestic and overseas brands, such as Analog Devices, Discera, GreenMark, ITE, Parade, TRINAMIC and Xilinx. The Company's products are applied in electronic products, industrial computers, wireless products, card readers, automotive electronics and others. The Company distributes its products within domestic market and to overseas markets.