Tekcore Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 08, 2022
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Tekcore Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 122.62 million compared to TWD 192.12 million a year ago. Net loss was TWD 25.8 million compared to net income of TWD 13.21 million a year ago. Basic loss per share from continuing operations was TWD 0.5 compared to basic earnings per share from continuing operations of TWD 0.3 a year ago. Diluted loss per share from continuing operations was TWD 0.5 compared to diluted earnings per share from continuing operations of TWD 0.3 a year ago.
For the nine months, sales was TWD 485.32 million compared to TWD 657.32 million a year ago. Net loss was TWD 20.26 million compared to net income of TWD 46.27 million a year ago. Basic loss per share from continuing operations was TWD 0.39 compared to basic earnings per share from continuing operations of TWD 1.06 a year ago. Diluted loss per share from continuing operations was TWD 0.39 compared to diluted earnings per share from continuing operations of TWD 1.03 a year ago.
TEKCORE CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacture and sales of gallium nitride (GaN) blue, green and ultraviolet light emitting diode (LED) epitaxial wafers and chips. The Company's main products include GaN/gallium arsenide (GaAs) chips, quaternary products, related parts and materials and others. The Company is also involved in the original equipment manufacturer (OEM) business. The Company distributes its products in domestic market and to overseas markets, including the rest areas of Asia and others.
TEKCORE CO., LTD 
