Averlogic Technologies, Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 10:17 pm IST
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AverLogic Technologies, Corp. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 3.909 million compared to TWD 12.360 million a year ago. Operating loss was TWD 6.693 million compared to TWD 5.727 million a year ago. Net loss was TWD 8.267 million compared to TWD 5.178 million a year ago. Basic loss per share was TWD 0.41 compared to TWD 0.26 a year ago. For the nine months, sales was TWD 17.170 million compared to TWD 61.018 million a year ago. Operating loss was TWD 16.900 million compared to operating Income of TWD 1.703 million a year ago. Net loss was TWD 15.154 million compared to net income of TWD 3.849 million a year ago. Basic loss per share was TWD 0.75 compared to basic earnings per share of TWD 0.19 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. 
