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Solomon Systech Announces 2022 Annual Results

Maintained a Steady Growth Momentum with Revenue Up 13.5% Mobile Display and Mobile Touch ICs Delivered Outstanding Performance

Financial Highlights:

  • Sales revenue increased by 13.5% to US$ 190.8 million
  • Gross profit was US$ 65.5 million with a 34.3% gross margin
  • Profit attributable to owners of the parent increased by 16.8% to US$ 27.8 million
  • Shipment volume reached 312.9 million units in 2022
  • Earnings per share increased by 10% to 1.1 US cents (Equivalent to HK 8.6 cents)
HONG KONG SAR - Media OutReach - 23 March 2023 - Solomon Systech (International) Limited ("Solomon Systech" or the "Company''; Stock Code: 2878) announced its annual results of the Company and its subsidiaries (collectively, the "Group") for the year ended 31 December 2022 (the "Year").

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