Higher Way Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 05:54 pm
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Higher Way Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 250.431 million compared to TWD 219.924 million a year ago. Operating loss was TWD 1.568 million compared to operating Income of TWD 450,000 a year ago. Net loss was TWD 4.419 million compared to TWD 3.467 million a year ago. Basic loss per share was TWD 0.13 compared to TWD 0.1 a year ago. For the nine months, sales was TWD 700.535 million compared to TWD 652.275 million a year ago. Operating loss was TWD 831,000 compared to TWD 8.307 million a year ago. Net loss was TWD 5.956 million compared to TWD 12.392 million a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.37 a year ago.
HIGHER WAY ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of integrated circuits (ICs). The Company's primary products include multimedia controllers ICs, speech and music ICs, memory devices ICs, liquid crystal display (LCD) controllers ICs, single-chip microcontrollers ICs and optoelectronic devices. The Company's products are mainly used in electronic keyboards, Web cameras, moving picture experts group layer-3 audio (MP3) players, television (TV) games, electronic learning aids (ELAs), electronic books, personal stereos, handheld game machines and electronic dictionaries. The Company mainly distributes its products within the domestic market and to overseas markets.
HIGHER WAY ELECTRONIC CO., LTD. 
