Chip Hope Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021 at 05:30 pm EST
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Chip Hope Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 167.27 million compared to TWD 286.22 million a year ago. Revenue was TWD 167.27 million compared to TWD 286.22 million a year ago. Net loss was TWD 26.28 million compared to net income of TWD 7.6 million a year ago. Basic loss per share from continuing operations was TWD 0.38 compared to basic earnings per share from continuing operations of TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.38 compared to diluted earnings per share from continuing operations of TWD 0.11 a year ago.
For the nine months, sales was TWD 569.24 million compared to TWD 739.2 million a year ago. Revenue was TWD 569.24 million compared to TWD 739.2 million a year ago. Net loss was TWD 37.03 million compared to TWD 120.11 million a year ago. Basic loss per share from continuing operations was TWD 0.53 compared to TWD 1.79 a year ago. Diluted loss per share from continuing operations was TWD 0.53 compared to TWD 1.79 a year ago.
CHIP HOPE CO., LTD. is a Taiwan-based company principally engaged in the manufacturer and sales of memory products and integrated circuit (IC) application products. The Company's memory products include various flash memory cards, which are applied in cell phones, computers, digital cameras, as well as other information and electronic products. The Companyâs IC application products consist of personal computer ICs (including universal serial bus (USB) keyboard ICs, USB optical mouse ICs, USB wireless keyboard and mouse ICs) and communication ICs, which are applied in caller identification, wireless telephone chipsets and telephone answering machines. It is also involved in the development of smart phones, as well as the value-added design and sales of related software. The Company distributes its products mainly in Asia market.
CHIP HOPE CO., LTD 
