Adata profit soars to NT$417m - Taipei Times
Memory module supplier Adata Technology Co (威剛科技) yesterday reported that net profit last quarter surged more than sevenfold to NT$417 million (US$14.13 million) from NT$53 million in the previous quarter, thanks to price increases, but it warned that Russia’s invasion of Ukraine and COVID-19 lockdowns in China would hamper revenue this quarter. On an annual basis, net profit dipped 31.15 percent from NT$685 million. Earnings per share soared to NT$1.82 last quarter from NT$0.21 in the previous quarter, but declined from NT$2.94 a year earlier. Increases in the prices of DRAM and NAN...