Averlogic Technologies, Corp. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 06:48 pm IST
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AverLogic Technologies, Corp. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 8.791 million compared to TWD 7.492 million a year ago. Operating loss was TWD 2.525 million compared to TWD 5.111 million a year ago. Net loss was TWD 2.528 million compared to TWD 3.445 million a year ago. Basic loss per share was TWD 0.13 compared to TWD 0.17 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.
RICH CIRCLE DEVELOPMENT CO., LTD. 
