Microtek International, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 09:19 am EST
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Microtek International, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 125.523 million compared to TWD 148.987 million a year ago. Operating loss was TWD 38.033 million compared to TWD 30.834 million a year ago. Net loss was TWD 9.450 million compared to TWD 6.734 million a year ago. Basic loss per share was TWD 0.05 compared to TWD 0.03 a year ago. For the nine months, sales was TWD 348.173 million compared to TWD 431.507 million a year ago. Operating loss was TWD 108.910 million compared to TWD 101.278 million a year ago. Net loss was TWD 6.425 million compared to TWD 23.466 million a year ago. Basic loss per share was TWD 0.03 compared to TWD 0.12 a year ago.
Microtek International, Inc. is a Taiwan-based company principally engaged in the design, manufacture and sales of image scanners and its related applications. The Company operates through two segments. Image Scanners segment is engaged in the design, manufacture and sales of digital image input and output devices. Its products include image scanners for commercial use, for medical use, for biotechnical use and for industrial use, among others. Photoelectron Equipment segment is engaged in the research, manufacture and sales of optical passive devices, optical instrumentations and other photoelectron equipment. Through its subsidiaries, the Company is also involved in the sales of medical equipment, as well as the development and consultancy of related technologies.