Averlogic Technologies, Corp. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 10:54 pm IST
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AverLogic Technologies, Corp. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 10.007 million compared to TWD 8.791 million a year ago. Operating income was TWD 3.749 million compared to operating loss of TWD 2.525 million a year ago. Net income was TWD 4.385 million compared to net loss of TWD 2.528 million a year ago. Basic earnings per share from continuing operations was TWD 0.23 compared to basic loss per share from continuing operations of TWD 0.13 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. 
