Team Young Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 06:04 pm
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Team Young Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 8.126 million compared to TWD 277,000 a year ago. Operating loss was TWD 43.853 million compared to TWD 39.197 million a year ago. Net loss was TWD 53.466 million compared to TWD 40.158 million a year ago. Basic loss per share was TWD 1.19 compared to TWD 1.34 a year ago. For the nine months, sales was TWD 17.418 million compared to TWD 578,000 a year ago. Operating loss was TWD 117.570 million compared to TWD 97.609 million a year ago. Net loss was TWD 109.665 million compared to TWD 91.505 million a year ago. Basic loss per share was TWD 2.44 compared to TWD 3.05 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. 
