Chip Hope Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 11:48 am
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Chip Hope Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 556.839 million compared to TWD 703.494 million a year ago. Operating loss was TWD 11.410 million compared to TWD 8.253 million a year ago. Net loss was TWD 8.749 million compared to net income of TWD 11.579 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 0.18 a year ago. For the half year, sales was TWD 1,025.633 million compared to TWD 1,378.817 million a year ago. Operating loss was TWD 30.434 million compared to operating Income of TWD 336,000 a year ago. Net loss was TWD 27.740 million compared to net income of TWD 7.656 million a year ago. Basic loss per share was TWD 0.41 compared to basic earnings per share of TWD 0.12 a year ago.
CHIP HOPE CO., LTD. is a Taiwan-based company principally engaged in the manufacturer and sales of memory products and integrated circuit (IC) application products. The Company's memory products include various flash memory cards, which are applied in cell phones, computers, digital cameras, as well as other information and electronic products. The Companyâs IC application products consist of personal computer ICs (including universal serial bus (USB) keyboard ICs, USB optical mouse ICs, USB wireless keyboard and mouse ICs) and communication ICs, which are applied in caller identification, wireless telephone chipsets and telephone answering machines. It is also involved in the development of smart phones, as well as the value-added design and sales of related software. The Company distributes its products mainly in Asia market.
CHIP HOPE CO., LTD 
