Etron Technology, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 04:26 am IST
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Etron Technology, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 976.471 million compared to TWD 1,185.123 million a year ago. Operating loss was TWD 83.008 million compared to TWD 98.170 million a year ago. Net loss was TWD 77.390 million compared to TWD 101.307 million a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.23 a year ago. For the nine months, sales was TWD 2,663.415 million compared to TWD 3,947.995 million a year ago. Operating loss was TWD 424.696 million compared to TWD 346.622 million a year ago. Net loss was TWD 410.447 million compared to TWD 332.158 million a year ago. Basic loss per share was TWD 0.94 compared to TWD 0.76 a year ago.
Etron Technology, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture, testing and sales of integrated circuits (ICs) and components. The company provides dynamic random access memories (DRAMs), including single data rate (SDR) and double data rate (DDR) DRAMs, and low-power synchronous dynamic random access memories (LPSDRAMs), as well as analogy logic system ICs, power analogy ICs, light emitting diodes (LEDs) and others. The Company's products are applied in storage devices, displays, handsets, personal digital assistants (PDAs), wireless communication devices and multimedia devices. The Company distributes its products primarily in Taiwan market and other Asian markets.