Solid State System Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 04, 2023 at 03:55 am IST
Share
Solid State System Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 75.76 million compared to TWD 97.59 million a year ago. Net loss was TWD 54.76 million compared to TWD 20.69 million a year ago. Basic loss per share from continuing operations was TWD 1.1 compared to TWD 0.42 a year ago. Diluted loss per share from continuing operations was TWD 1.1 compared to TWD 0.42 a year ago.
For the six months, sales was TWD 165.15 million compared to TWD 213.7 million a year ago. Net loss was TWD 76.74 million compared to TWD 46.49 million a year ago. Basic loss per share from continuing operations was TWD 1.54 compared to TWD 0.93 a year ago. Diluted loss per share from continuing operations was TWD 1.54 compared to TWD 0.93 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