Holtek posts 48% net profit growth - Taipei Times
Microcontroller unit (MCU) designer Holtek Semiconductor Inc (盛群半導體) yesterday reported that net profit last quarter surged 48 percent annually, marking its best first-quarter performance, thanks to higher prices and product demand. Net income expanded to NT$512.29 million (US$17.44 million) in the quarter ending March 31, compared with NT$347.2 million a year earlier. That represented quarterly growth of 10 percent from NT$467.62 million. Earnings per share rose to NT$2.27 last quarter, from NT$1.54 in the first quarter of last year and NT$2.07 in the preceding quarter. Gross margin...
Source: taipeitimes.com
