TM Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 08, 2018 at 07:57 pm
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TM Technology, Inc. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was TWD 33.749 million compared to TWD 35.776 million a year ago. Operating loss was TWD 17.341 million compared to TWD 20.817 million a year ago. Net loss was TWD 5.728 million compared to TWD 36.611 million a year ago. Basic loss per share was TWD 0.08 compared to TWD 0.52 a year ago.
For the nine months, sales was TWD 106.626 million compared to TWD 113.952 million a year ago. Operating loss was TWD 52.837 million compared to TWD 57.524 million a year ago. Net loss was TWD 25.836 million compared to TWD 72.344 million a year ago. Basic loss per share was TWD 0.37 compared to TWD 1.04 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. 