Iroc Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 02:14 am IST
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iROC Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 60.062 million compared to TWD 48.418 million a year ago. Operating loss was TWD 12.850 million compared to TWD 8.200 million a year ago. Net loss was TWD 2.256 million compared to net income of TWD 24.340 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.68 a year ago. For the nine months, sales was TWD 119.886 million compared to TWD 165.295 million a year ago. Operating loss was TWD 70.339 million compared to TWD 28.545 million a year ago. Net loss was TWD 66.571 million compared to TWD 1.430 million a year ago. Basic loss per share was TWD 1.87 compared to TWD 0.04 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.