Solid State System Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 04:58 pm
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Solid State System Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 154.061 million compared to TWD 156.518 million a year ago. Operating loss was TWD 34.005 million compared to TWD 33.868 million a year ago. Net income was TWD 28.782 million compared to net loss of TWD 33.157 million a year ago. Basic earnings per share was TWD 0.36 compared to basic loss per share of TWD 0.41 a year ago. For the half year, sales was TWD 270.788 million compared to TWD 299.019 million a year ago. Operating loss was TWD 71.273 million compared to TWD 80.082 million a year ago. Net loss was TWD 6.878 million compared to TWD 79.241 million a year ago. Basic loss per share was TWD 0.09 compared to TWD 0.98 a year ago.
Solid State System Co., Ltd is a Taiwan-based company principally engaged in the design, testing, production and distribution of flash memory controller integrated circuits (ICs) and audio ICs. The Company's major products and services include NADA flash memory controller ICs, micro-electro-mechanical system (MEMS) microphone ICs, audio ICs, as well as intellectual property and design services. The Company's products are applied in digital cameras, personal digital assistants (PDAs), industrial computers, mobile phones and audio products. The Company distributes its products within domestic market and to overseas markets