Tm Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 05, 2019 at 10:14 pm
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TM Technology, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 35.454 million compared to TWD 38.194 million a year ago. Operating loss was TWD 11.917 million compared to TWD 17.350 million a year ago. Net loss was TWD 8.383 million compared to TWD 9.078 million a year ago. Basic loss per share was TWD 0.12 compared to TWD 0.13 a year ago. For the half year, sales was TWD 63.488 million compared to TWD 72.877 million a year ago. Operating loss was TWD 29.854 million compared to TWD 35.496 million a year ago. Net loss was TWD 21.259 million compared to TWD 20.108 million a year ago. Basic loss per share was TWD 0.3 compared to TWD 0.29 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.