IROC Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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iROC Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 3.19 million compared to TWD 5.99 million a year ago. Net loss was TWD 15.72 million compared to net income of TWD 18.72 million a year ago. Basic loss per share from continuing operations was TWD 0.61 compared to basic earnings per share from continuing operations of TWD 0.73 a year ago. Diluted loss per share from continuing operations was TWD 0.61 compared to diluted earnings per share from continuing operations of TWD 0.71 a year ago. Basic loss per share was TWD 0.61 compared to basic earnings per share of TWD 0.73 a year ago. Diluted loss per share was TWD 0.61 compared to diluted earnings per share of TWD 0.71 a year ago.
For the nine months, sales was TWD 17.42 million compared to TWD 13.27 million a year ago. Net loss was TWD 89.58 million compared to net income of TWD 61.75 million a year ago. Basic loss per share from continuing operations was TWD 3.48 compared to basic earnings per share from continuing operations of TWD 2.4 a year ago. Diluted loss per share from continuing operations was TWD 3.48 compared to diluted earnings per share from continuing operations of TWD 2.35 a year ago. Basic loss per share was TWD 3.48 compared to basic earnings per share of TWD 2.4 a year ago. Diluted loss per share was TWD 3.48 compared to diluted earnings per share of TWD 2.35 a year ago.
Iroc Co Ltd is a Taiwan-based company principally engaged in the wholesale trading of electronic integrated circuits (IC) and the sales of biotechnology products. The Company's products mainly include three types. Electronic products include components of memory products such as DRAM IC and Flash IC. Biotechnology products include functional nutritional and health foods such as chicken essence, krill oil and deep ocean water. Software development products include blockchain technology software application development and related project commissioned development. The Company sells its products domestically and internationally.