Tm Technology, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021
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TM Technology, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 35.932 million compared to TWD 41.689 million a year ago. Operating income was TWD 4.399 million compared to TWD 1.644 million a year ago. Net income was TWD 2.672 million compared to TWD 2.504 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.13 a year ago. For the half year, sales was TWD 65.770 million compared to TWD 72.548 million a year ago. Operating income was TWD 182,000 compared to operating loss of TWD 4.326 million a year ago. Net loss was TWD 3.422 million compared to TWD 1.460 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to TWD 0.07 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.