Team Young Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021
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Team Young Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 3.297 million compared to TWD 8.527 million a year ago. Operating loss was TWD 16.342 million compared to TWD 30.943 million a year ago. Net loss was TWD 6.182 million compared to net income of TWD 16.298 million a year ago. Basic loss per share was TWD 0.13 compared to basic earnings per share of TWD 0.36 a year ago. For the half year, total revenue was TWD 8.412 million compared to TWD 9.292 million a year ago. Operating loss was TWD 35.328 million compared to TWD 73.717 million a year ago. Net loss was TWD 10.274 million compared to TWD 56.199 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 1.25 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.