Adata net profit soars 57.18% to a 14-quarter highBy Lisa Wang / Staff reporterAdata Technology Co (威剛), a supplier of memory modules and solid-state drives (SSDs), yesterday posted its best quarterly net profit in 14 quarters on the back of rising prices. During the three-month quarter to March, net profit surged 57.18 percent to NT$707 million (US$25.27 million), from NT$450 million last year. On a quarterly basis, net profit more than doubled from NT$317 million. Earnings per share rose to NT$2.94, compared with NT$2.12 a year earlier and NT$1.41 in the previous quarter. Adada had accumulated key components worth NT$10 billion as of the end of last quarter, a record high, the statement said.

Source: Taipei Times May 03, 2021 15:56 UTC