Higher Way Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 02:20 am IST
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Higher Way Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 219.924 million compared to TWD 260.016 million a year ago. Operating income was TWD 450,000 compared to operating loss of TWD 9.448 million a year ago. Net loss was TWD 3.467 million compared to TWD 12.949 million a year ago. Basic loss per share was TWD 0.1 compared to TWD 0.39 a year ago.
For the nine months, sales was TWD 652.275 million compared to TWD 751.719 million a year ago. Operating loss was TWD 8.307 million compared to TWD 29.882 million a year ago. Net loss was TWD 12.392 million compared to TWD 44.267 million a year ago. Basic loss per share was TWD 0.37 compared to TWD 1.32 a year ago.
HIGHER WAY ELECTRONIC CO., LTD. is a Taiwan-based company principally engaged in the design, manufacture and distribution of integrated circuits (ICs). The Company's primary products include multimedia controllers ICs, speech and music ICs, memory devices ICs, liquid crystal display (LCD) controllers ICs, single-chip microcontrollers ICs and optoelectronic devices. The Company's products are mainly used in electronic keyboards, Web cameras, moving picture experts group layer-3 audio (MP3) players, television (TV) games, electronic learning aids (ELAs), electronic books, personal stereos, handheld game machines and electronic dictionaries. The Company mainly distributes its products within the domestic market and to overseas markets.
HIGHER WAY ELECTRONIC CO., LTD. 
