Averlogic Technologies, Corp. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 12:56 am IST
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AverLogic Technologies, Corp. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 21.055 million compared to TWD 92.191 million a year ago. Operating loss was TWD 22.678 million compared to operating Income of TWD 11.913 million a year ago. Net loss was TWD 21.342 million compared to net income of TWD 15.724 million a year ago. Basic loss per share was TWD 1.06 compared to basic earnings per share of TWD 0.78 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. 
