Tm Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:32 pm
Share
TM Technology, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 31.707 million compared to TWD 33.749 million a year ago. Operating loss was TWD 11.643 million compared to TWD 17.341 million a year ago. Net loss was TWD 3.032 million compared to TWD 5.728 million a year ago. Basic loss per share was TWD 0.15 compared to TWD 0.29 a year ago. For the nine months, sales was TWD 95.195 million compared to TWD 106.626 million a year ago. Operating loss was TWD 41.497 million compared to TWD 52.837 million a year ago. Net loss was TWD 24.291 million compared to TWD 25.836 million a year ago. Basic loss per share was TWD 1.23 compared to TWD 1.3 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. 
