Tm Technology, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 09:32 am EDT
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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 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. 