Megawin Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 07:02 pm
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Megawin Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 124.164 million compared to TWD 108.451 million a year ago. Operating income was TWD 1.216 million compared to operating loss of TWD 6.005 million a year ago. Net income was TWD 2.424 million compared to net loss of TWD 5.817 million a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.15 a year ago. For the nine months, sales was TWD 332.127 million compared to TWD 289.287 million a year ago. Operating loss was TWD 18.807 million compared to TWD 37.183 million a year ago. Net loss was TWD 16.731 million compared to TWD 35.310 million a year ago. Basic loss per share was TWD 0.44 compared to TWD 0.92 a year ago.
Megawin Technology Co., Ltd. is a Taiwan-based company principally engaged in the design and sales of microcontrollers. The Company's products include 8051 microcontrollers, 6502 microcontrollers, input/output (I/O) type microcontrollers, liquid crystal display (LCD) type microcontrollers, universal serial bus (USB) microcontrollers, mobile power supply microcontrollers, fast charging microcontrollers and light emitting diode (LED) driver integrated circuits (ICs), among others. Its products are applied in the meters, industrial controllers, home appliances, communications products, network toys, remote controllers, handhold game machines, digital clocks and watches, electrical meter displays, digital memo pads and others. The Company distributes its products mainly in Asia.