Sinopower Semiconductor, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Sinopower Semiconductor, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 658.42 million compared to TWD 970.76 million a year ago. Net income was TWD 35.81 million compared to TWD 184.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.9636 compared to TWD 5.0091 a year ago. Diluted earnings per share from continuing operations was TWD 0.9636 compared to TWD 4.9636 a year ago.
For the six months, sales was TWD 1,272.04 million compared to TWD 1,940.03 million a year ago. Net income was TWD 59.26 million compared to TWD 360.05 million a year ago. Basic earnings per share from continuing operations was TWD 1.6 compared to TWD 9.7909 a year ago. Diluted earnings per share from continuing operations was TWD 1.5818 compared to TWD 9.5545 a year ago.
Sinopower Semiconductor Inc is a Taiwan-based company mainly engaged in the design, development, production and sales of power semiconductor products. Products include power semiconductor components and modules, high-voltage integrated circuits and modules. Power semiconductor products include low-voltage power semiconductor products, medium-voltage power semiconductor products, high-voltage power semiconductor products, power semiconductor products with embedded gate-source protection diodes, integrated power semiconductor products with embedded drain-source Schottky diodes, trench insulated gate bipolar power transistors (insulated gate bipolar transistors (IGBTs) and extended products), power integrated circuit products (products and extended products that integrate semiconductor components and driver integrated circuits). The products are mainly sold domestically and exported to Asia.