Microcosm Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 01:09 pm
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Microcosm Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 82.144 million compared to TWD 147.893 million a year ago. Operating loss was TWD 101,000 compared to operating Income of TWD 31.040 million a year ago. Net loss was TWD 8.470 million compared to net income of TWD 24.808 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.35 a year ago. For the nine months, sales was TWD 212.644 million compared to TWD 330.383 million a year ago. Operating loss was TWD 28.081 million compared to operating Income of TWD 30.250 million a year ago. Net loss was TWD 38.378 million compared to net income of TWD 41.644 million a year ago. Basic loss per share was TWD 0.55 compared to basic earnings per share of TWD 0.6 a year ago. Diluted loss per share was TWD 0.55 compared to diluted earnings per share of TWD 0.59 a year ago.
MICROCOSM TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of electronic components. The Company's main products include flexible copper clad laminations (FCCLs), cover layers, adhesive-free flexible printed circuit board materials, thin film polycrystalline flexible substrates, protective film and others. The Company's products are mainly used in mobile phones, notebook computers, printers, general electronic devices, automotive equipment, compact discs (CDs), fax machines, liquid crystal display calculators, personal computer keyboards, input and output machines and medical devices. The Company distributes its products in domestic market and to overseas markets, including mainland China and others.