Algoltek, Inc. Reports Earnings Results for the Half Year Ended June 30, 2020
August 12, 2020 at 08:00 pm IST
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Algoltek, Inc. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced sales was TWD 120.947 million compared to TWD 117.281 million a year ago. Operating income was TWD 326,000 compared to operating loss of TWD 4.868 million a year ago. Net income was TWD 4.348 million compared to net loss of TWD 2.670 million a year ago. Basic earnings per share was TWD 0.21 compared to basic loss per share of TWD 0.13 a year ago.
ALGOLTEK, INC. is a Taiwan-based company mainly engaged in development and sale of multimedia video conversion control chips and other control chips. The Company's main products are multi-media digital video conversion products based on special application integrated circuit chips, including video graphics array (VGA), high-definition multimedia interface (HDMI), DisplayPort, and Type-C. The products mainly apply for personal computers (PC), notebook computers (NB), displays and related peripheral products, consumer electronics, and multimedia transmission systems. Its main products are divided into two categories. Integrated circuit (IC) chips provide product manufacturer-specific functions. Intellectual property (IP) is designed and verified for integrated circuits that can be reused and have specific functions.
ALGOLTEK, INC. 