Chip Hope Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 03:27 pm EST
Share
Chip Hope Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 261.89 million compared to TWD 167.27 million a year ago. Revenue was TWD 261.89 million compared to TWD 167.27 million a year ago. Net loss was TWD 36.14 million compared to TWD 26.28 million a year ago. Basic loss per share from continuing operations was TWD 0.52 compared to TWD 0.38 a year ago. Diluted loss per share from continuing operations was TWD 0.52 compared to TWD 0.38 a year ago.
For the nine months, sales was TWD 715.69 million compared to TWD 569.24 million a year ago. Revenue was TWD 715.69 million compared to TWD 569.24 million a year ago. Net income was TWD 4.87 million compared to net loss of TWD 37.03 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to basic loss per share from continuing operations of TWD 0.53 a year ago. Diluted earnings per share from continuing operations was TWD 0.07 compared to diluted loss per share from continuing operations of TWD 0.53 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 
