Chip Hope Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:00 pm
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Chip Hope Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 286.215 million compared to TWD 507.370 million a year ago. Operating loss was TWD 16.868 million compared to TWD 10.195 million a year ago. Net income was TWD 7.276 million compared to net loss of TWD 11.299 million a year ago. Basic earnings per share was TWD 0.1 compared to basic loss per share of TWD 0.17 a year ago. For the nine months, sales was TWD 739.200 million compared to TWD 1,533.003 million a year ago. Operating loss was TWD 138.750 million compared to TWD 40.629 million a year ago. Net loss was TWD 120.440 million compared to TWD 39.039 million a year ago. Basic loss per share was TWD 1.8 compared to TWD 0.58 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 
