Averlogic Technologies, Corp. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:39 am IST
Share
AverLogic Technologies, Corp. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 10.158 million compared to TWD 3.909 million a year ago. Operating loss was TWD 5.240 million compared to TWD 6.693 million a year ago. Net loss was TWD 5.610 million compared to TWD 8.267 million a year ago. Basic loss per share was TWD 0.28 compared to TWD 0.41 a year ago. For the nine months, sales was TWD 21.997 million compared to TWD 17.170 million a year ago. Operating loss was TWD 13.855 million compared to TWD 16.900 million a year ago. Net loss was TWD 14.156 million compared to TWD 15.154 million a year ago. Basic loss per share was TWD 0.7 compared to TWD 0.75 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. 
