TM Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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TM Technology, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 50.69 million compared to TWD 29.84 million a year ago. Net income was TWD 12.19 million compared to net loss of TWD 6.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to basic loss per share from continuing operations of TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to diluted loss per share from continuing operations of TWD 0.28 a year ago.
TM Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of integrated circuit (IC) chips and related components. The Company is also engaged in the provision of related technology and consultancy services. The Companyâs principal products include the optical communication ICs, light emitting diode (LED) ICs and flash memory controller ICs, such as fiber to the home (FTTH) integrated ICs and LED driving ICs. The Company mainly operates through two business segments: the TM Technology, Inc. segment and other operations segment. The Company distributes its products in domestic market and overseas markets, including the Mainland China and the rest regions of Asia.
TM TECHNOLOGY, INC. 
