Averlogic Technologies, Corp. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 01:23 am IST
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AverLogic Technologies, Corp. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1.633 million compared to TWD 3.048 million a year ago. Operating loss was TWD 3.312 million compared to TWD 6.090 million a year ago. Net loss was TWD 4.052 million compared to TWD 6.018 million a year ago. Basic loss per share from continuing operations was TWD 0.19 compared to TWD 0.74 a year ago. For the half year, sales was TWD 11.640 million compared to TWD 11.839 million a year ago. Operating income was TWD 437,000 compared to operating loss of TWD 8.615 million a year ago. Net income was TWD 333,000 compared to net loss of TWD 8.546 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to basic loss per share from continuing operations of TWD 1.05 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. 
