Vate Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 06:45 pm
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Vate Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 65.827 million compared to TWD 42.857 million a year ago. Operating income was TWD 70,000 compared to operating loss of TWD 17.910 million a year ago. Net income was TWD 3.011 million compared to net loss of TWD 17.278 million a year ago. Basic earnings per share was TWD 0.04 compared to basic loss per share of TWD 0.22 a year ago.
VATE TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in central processing unit (CPU) testing business. The Company mainly provides logic testing services, including the testing of logic ICs, such as high-pin-count chipset ICs and communication ICs; power IC testing services, and CPU testing services, including the testing services of CPUs and peripheral products. The Company distributes its products in domestic market and to overseas markets.