Averlogic Technologies, Corp. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 12:19 am IST
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AverLogic Technologies, Corp. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was TWD 7.492 million compared to TWD 26.813 million a year ago. Operating loss was TWD 5.111 million compared to operating Income of TWD 5.881 million a year ago. Net loss was TWD 3.445 million compared to net income of TWD 6.070 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.3 a year ago.
Rich Circle Development Co Ltd, formerly known as Averlogic Technologies Corp is a Taiwan-based company principally engaged in the design, development and sales of integrated circuit (IC) products for multimedia applications. The Company's main products include video temporary storage memories, signal conversion chips, display control chips, surveillance system control chips, and 16 division image control chips. The Company mainly focuses on technology research and development in the field of video image processing IC and special application memory IC. The Company distributes its products in domestic market and to overseas markets.