Megawin Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 12:20 am IST
Share
Megawin Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 108.451 million compared to TWD 84.118 million a year ago. Operating loss was TWD 6.005 million compared to TWD 14.464 million a year ago. Net loss was TWD 5.817 million compared to TWD 9.750 million a year ago. Basic loss per share was TWD 0.15 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 289.287 million compared to TWD 297.587 million a year ago. Operating loss was TWD 37.183 million compared to TWD 27.491 million a year ago. Net loss was TWD 35.310 million compared to TWD 17.586 million a year ago. Basic loss per share was TWD 0.92 compared to TWD 0.46 a year ago.
Megawin Technology Co., Ltd. is a Taiwan-based company principally engaged in the design and sales of microcontrollers. The Company's products include 8051 microcontrollers, 6502 microcontrollers, input/output (I/O) type microcontrollers, liquid crystal display (LCD) type microcontrollers, universal serial bus (USB) microcontrollers, mobile power supply microcontrollers, fast charging microcontrollers and light emitting diode (LED) driver integrated circuits (ICs), among others. Its products are applied in the meters, industrial controllers, home appliances, communications products, network toys, remote controllers, handhold game machines, digital clocks and watches, electrical meter displays, digital memo pads and others. The Company distributes its products mainly in Asia.