Team Young Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 08:14 pm
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Team Young Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 8.527 million compared to TWD 171,000 a year ago. Operating loss was TWD 30.943 million compared to TWD 34.222 million a year ago. Net income was TWD 16.298 million compared to net loss of TWD 61.289 million a year ago. Basic earnings per share was TWD 0.36 compared to basic loss per share of TWD 2.04 a year ago. For the half year, sales was TWD 9.292 million compared to TWD 301,000 a year ago. Operating loss was TWD 73.717 million compared to TWD 58.412 million a year ago. Net loss was TWD 56.199 million compared to TWD 51.347 million a year ago. Basic loss per share was TWD 1.25 compared to TWD 1.71 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. 
