TM Technology, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 08, 2021
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TM Technology, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 36.29 million compared to TWD 27.26 million a year ago. Net income was TWD 6.02 million compared to TWD 2.19 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.11 a year ago.
For the nine months, sales was TWD 102.06 million compared to TWD 99.81 million a year ago. Net income was TWD 2.6 million compared to TWD 0.729 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.04 a year ago.
TM Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of integrated circuit (IC) chips and related components. The Company is also engaged in the provision of related technology and consultancy services. The Companyâs principal products include the optical communication ICs, light emitting diode (LED) ICs and flash memory controller ICs, such as fiber to the home (FTTH) integrated ICs and LED driving ICs. The Company mainly operates through two business segments: the TM Technology, Inc. segment and other operations segment. The Company distributes its products in domestic market and overseas markets, including the Mainland China and the rest regions of Asia.
TM TECHNOLOGY, INC. 
