Algoltek, Inc Reports Earnings Results for the Half Year Ended June 30, 2019
August 13, 2019 at 02:56 pm
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Algoltek Inc. announced earnings results for the half year ended June 30, 2019. For the half year, the company announced sales was TWD 117.281 million compared to TWD 185.874 million a year ago. Operating loss was TWD 4.868 million compared to operating Income of TWD 42.731 million a year ago. Net loss was TWD 2.670 million compared to net income of TWD 35.045 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 1.71 a year ago. Diluted loss per share was TWD 0.13 compared to diluted earnings per share of TWD 1.7 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. 
