Team Young Advanced Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:43 pm
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Team Young Advanced Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 277,000 compared to TWD 3.984 million a year ago. Operating loss was TWD 39.197 million compared to TWD 19.568 million a year ago. Net loss was TWD 40.158 million compared to TWD 33.471 million a year ago. Basic loss per share was TWD 1.34 compared to TWD 1.12 a year ago. For the nine months, total revenue was TWD 578,000 compared to TWD 17.068 million a year ago. Operating loss was TWD 97.609 million compared to TWD 57.234 million a year ago. Net loss was TWD 91.505 million compared to TWD 52.919 million a year ago. Basic loss per share was TWD 3.05 compared to TWD 1.76 a year ago.
TEAM YOUNG TECHNOLOGY CO., LTD., formerly TEAM YOUNG ADVANCED CERAMICS CO LTD, is primarily engaged in marketing and sale of multilayer ceramic capacitors (MLCCs) and chip capacitors for the storage of charge, blocking, by-pass, tuning and shaking and filtering in circuit designs. The Company mainly engaged in the development and sale of active and passive electronic components and EzCon products. EzCon is a human-to-object remote control system for smart remote controls, power switches, sockets and others. The Company distributes its products in Taiwan, Europe, the United States, Japan, China and other developing countries.
TEAM YOUNG TECHNOLOGY CO.,LTD. 
