Microtek International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 08, 2020 at 01:44 am IST
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Microtek International, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 86.114 million compared to TWD 112.473 million a year ago. Operating loss was TWD 35.380 million compared to TWD 35.142 million a year ago. Net loss was TWD 9.842 million compared to net income of TWD 8.570 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.04 a year ago.
Microtek International, Inc. is a Taiwan-based company principally engaged in the design, manufacture and sales of image scanners and its related applications. The Company operates through two segments. Image Scanners segment is engaged in the design, manufacture and sales of digital image input and output devices. Its products include image scanners for commercial use, for medical use, for biotechnical use and for industrial use, among others. Photoelectron Equipment segment is engaged in the research, manufacture and sales of optical passive devices, optical instrumentations and other photoelectron equipment. Through its subsidiaries, the Company is also involved in the sales of medical equipment, as well as the development and consultancy of related technologies.