Tm Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 09:32 am
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TM Technology, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 30.859 million compared to TWD 28.034 million a year ago. Operating loss was TWD 5.970 million compared to TWD 17.937 million a year ago. Net loss was TWD 3.964 million compared to TWD 12.876 million a year ago. Basic loss per share was TWD 0.2 compared to TWD 0.65 a year ago.
TM Technology Inc is a Taiwan-based company mainly engaged in the research, development, manufacturing and sales of integrated circuit chips and related components. The Company is also engaged in the provision of related technology consulting services. The Company's main products include system integration integrated circuit (IC) related products, including optical communication ICs, light-emitting diodes (LEDs) and power analog ICs. The products are mainly used in laser/LED drivers for fiber optic transceiver modules, GPON/EPON fiber optic boxes for fiber-to-the-home, digital set-top boxes, direct current (DC)/DC drivers for security-controlled infrared LED lighting and others. The Company mainly sells products to the domestic and overseas markets.