EMemory Technology Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 27, 2022 at 02:40 am EDT
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eMemory Technology Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 790.61 million compared to TWD 594.28 million a year ago. Net income was TWD 406.43 million compared to TWD 277.18 million a year ago. Basic earnings per share from continuing operations was TWD 5.45 compared to TWD 3.72 a year ago. Diluted earnings per share from continuing operations was TWD 5.43 compared to TWD 3.71 a year ago.
For the nine months, sales was TWD 2,314.01 million compared to TWD 1,732.43 million a year ago. Net income was TWD 1,181.37 million compared to TWD 813.89 million a year ago. Basic earnings per share from continuing operations was TWD 15.84 compared to TWD 10.92 a year ago. Diluted earnings per share from continuing operations was TWD 15.77 compared to TWD 10.89 a year ago.
eMemory Technology Inc is a Taiwan-based company principally engaged in the research and development, manufacture, and distribution of wafers, as well as provision of technical services. The Company is also engaged in the development and application of embedded non-volatile memory chips and various control chips. The Company also acquires license fees, usage fees, non-recurring engineering (NRE) fees and royalties from the licensing of its silicon intellectual property (SIP) to customers. Its products are applied in the information equipment, automobiles, home appliances, communication equipment and consumer electronics. The Company provides its products and services in domestic market and to overseas markets, including the rest of Asia, the Americas, Europe and Africa.