IROC Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 02, 2022 at 02:44 am IST
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iROC Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 4.89 million compared to TWD 4.56 million a year ago. Net loss was TWD 50.74 million compared to net income of TWD 45.65 million a year ago. Basic loss per share from continuing operations was TWD 1.97 compared to basic earnings per share from continuing operations of TWD 1.77 a year ago. Diluted loss per share from continuing operations was TWD 1.97 compared to diluted earnings per share from continuing operations of TWD 1.77 a year ago.
For the six months, sales was TWD 14.22 million compared to TWD 7.28 million a year ago. Net loss was TWD 73.86 million compared to net income of TWD 43.03 million a year ago. Basic loss per share from continuing operations was TWD 2.87 compared to basic earnings per share from continuing operations of TWD 1.67 a year ago. Diluted loss per share from continuing operations was TWD 2.87 compared to diluted earnings per share from continuing operations of TWD 1.67 a year ago.
Iroc Co Ltd is a Taiwan-based company principally engaged in the wholesale trading of electronic integrated circuits (IC) and the sales of biotechnology products. The Company's products mainly include three types. Electronic products include components of memory products such as DRAM IC and Flash IC. Biotechnology products include functional nutritional and health foods such as chicken essence, krill oil and deep ocean water. Software development products include blockchain technology software application development and related project commissioned development. The Company sells its products domestically and internationally.