Team Young Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 06:52 pm
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Team Young Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 765,000 compared to TWD 130,000 a year ago. Operating loss was TWD 42.774 million compared to TWD 24.190 million a year ago. Net loss was TWD 72.497 million compared to net income of TWD 9.942 million a year ago. Basic loss per share was TWD 1.61 compared to basic earnings per share of TWD 0.33 a year ago.
TEAM YOUNG TECHNOLOGY CO., LTD., formerly TEAM YOUNG ADVANCED CERAMICS CO LTD, is primarily engaged in marketing and sale of multilayer ceramic capacitors (MLCCs) and chip capacitors for the storage of charge, blocking, by-pass, tuning and shaking and filtering in circuit designs. The Company mainly engaged in the development and sale of active and passive electronic components and EzCon products. EzCon is a human-to-object remote control system for smart remote controls, power switches, sockets and others. The Company distributes its products in Taiwan, Europe, the United States, Japan, China and other developing countries.
TEAM YOUNG TECHNOLOGY CO.,LTD. 
