Algoltek, Inc Reports Earnings Results for the Full Year Ended December 31, 2019
April 20, 2020 at 02:54 pm
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Algoltek, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 251.778 million compared to TWD 298.339 million a year ago. Operating income was TWD 587,000 compared to TWD 37.386 million a year ago. Net income was TWD 1.250 million compared to TWD 32.998 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 1.6 a year ago. Diluted earnings per share was TWD 0.06 compared to TWD 1.56 a year ago.
ALGOLTEK, INC. is a Taiwan-based company mainly engaged in development and sale of multimedia video conversion control chips and other control chips. The Company's main products are multi-media digital video conversion products based on special application integrated circuit chips, including video graphics array (VGA), high-definition multimedia interface (HDMI), DisplayPort, and Type-C. The products mainly apply for personal computers (PC), notebook computers (NB), displays and related peripheral products, consumer electronics, and multimedia transmission systems. Its main products are divided into two categories. Integrated circuit (IC) chips provide product manufacturer-specific functions. Intellectual property (IP) is designed and verified for integrated circuits that can be reused and have specific functions.
ALGOLTEK, INC. 
