Microcosm Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 03:14 am IST
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Microcosm Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 31.05 million compared to TWD 38.52 million a year ago. Net loss was TWD 3.16 million compared to net income of TWD 8.66 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to basic earnings per share from continuing operations of TWD 0.12 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to diluted earnings per share from continuing operations of TWD 0.12 a year ago.
For the nine months, sales was TWD 81.7 million compared to TWD 128.74 million a year ago. Net loss was TWD 40.76 million compared to net income of TWD 11.16 million a year ago. Basic loss per share from continuing operations was TWD 0.58 compared to basic earnings per share from continuing operations of TWD 0.16 a year ago. Diluted loss per share from continuing operations was TWD 0.58 compared to diluted earnings per share from continuing operations of TWD 0.16 a year ago.
MICROCOSM TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of electronic components. The Company's main products include flexible copper clad laminations (FCCLs), cover layers, adhesive-free flexible printed circuit board materials, thin film polycrystalline flexible substrates, protective film and others. The Company's products are mainly used in mobile phones, notebook computers, printers, general electronic devices, automotive equipment, compact discs (CDs), fax machines, liquid crystal display calculators, personal computer keyboards, input and output machines and medical devices. The Company distributes its products in domestic market and to overseas markets, including mainland China and others.