Solid State System Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 05, 2022 at 03:49 am IST
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Solid State System Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 97.59 million compared to TWD 174.5 million a year ago. Net loss was TWD 20.69 million compared to net income of TWD 5.91 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 0.09 a year ago. Diluted loss per share from continuing operations was TWD 0.27 compared to diluted earnings per share from continuing operations of TWD 0.09 a year ago.
For the six months, sales was TWD 213.7 million compared to TWD 358.41 million a year ago. Net loss was TWD 46.49 million compared to TWD 2.15 million a year ago. Basic loss per share from continuing operations was TWD 0.62 compared to TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.62 compared to TWD 0.03 a year ago.
Solid State System Co., Ltd is a Taiwan-based company principally engaged in the design, testing, production and distribution of flash memory controller integrated circuits (ICs) and audio ICs. The Company's major products and services include NADA flash memory controller ICs, micro-electro-mechanical system (MEMS) microphone ICs, audio ICs, as well as intellectual property and design services. The Company's products are applied in digital cameras, personal digital assistants (PDAs), industrial computers, mobile phones and audio products. The Company distributes its products within domestic market and to overseas markets