Solid State System Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 02, 2022
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Solid State System 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 89.28 million compared to TWD 171.63 million a year ago. Net loss was TWD 34.7 million compared to net income of TWD 9.01 million a year ago. Basic loss per share from continuing operations was TWD 0.7054 compared to basic earnings per share from continuing operations of TWD 0.2101 a year ago. Diluted loss per share from continuing operations was TWD 0.7054 compared to diluted earnings per share from continuing operations of TWD 0.2101 a year ago.
For the nine months, sales was TWD 302.98 million compared to TWD 530.04 million a year ago. Net loss was TWD 81.19 million compared to net income of TWD 6.85 million a year ago. Basic loss per share from continuing operations was TWD 1.6358 compared to basic earnings per share from continuing operations of TWD 0.1651 a year ago. Diluted loss per share from continuing operations was TWD 1.6358 compared to diluted earnings per share from continuing operations of TWD 0.1651 a year ago.
Solid State System Co., Ltd is a Taiwan-based company principally engaged in the design, testing, production and distribution of flash memory controller integrated circuits (ICs) and audio ICs. The Company's major products and services include NADA flash memory controller ICs, micro-electro-mechanical system (MEMS) microphone ICs, audio ICs, as well as intellectual property and design services. The Company's products are applied in digital cameras, personal digital assistants (PDAs), industrial computers, mobile phones and audio products. The Company distributes its products within domestic market and to overseas markets
SOLID STATE SYSTEM CO., LTD. 
