Gigadevice Semiconductor (Beijing) Inc(603986) 2021 net profit increased by 165% year-on-year and 128% year-on-year in the first quarter of this year

Gigadevice Semiconductor (Beijing) Inc(603986) release the first quarterly report and annual report. In the first quarter of 2022, the net profit attributable to shareholders of listed companies was 686 million yuan, a year-on-year increase of 127.65%.

In 2021, the net profit was 2.337 billion yuan, a year-on-year increase of 165.33%. The basic earnings per share is 3.54 yuan. The company plans to distribute a cash dividend of 10.6 yuan (including tax) for every 10 shares.

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