Tekcore Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 08, 2019 at 01:37 am IST
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Tekcore Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 142.943 million compared to TWD 177.296 million a year ago. Operating loss was TWD 27.841 million compared to TWD 16.278 million a year ago. Net loss was TWD 30.012 million compared to TWD 4.281 million a year ago. Basic loss per share was TWD 0.31 compared to TWD 0.04 a year ago. For the nine months, sales was TWD 427.476 million compared to TWD 542.305 million a year ago. Operating loss was TWD 81.313 million compared to TWD 23.304 million a year ago. Net loss was TWD 72.184 million compared to TWD 1.305 million a year ago. Basic loss per share was TWD 0.75 compared to TWD 0.01 a year ago.
TEKCORE CO., LTD is a Taiwan-based company principally engaged in the research, development, manufacture and sales of gallium nitride (GaN) blue, green and ultraviolet light emitting diode (LED) epitaxial wafers and chips. The Company's main products include GaN/gallium arsenide (GaAs) chips, quaternary products, related parts and materials and others. The Company is also involved in the original equipment manufacturer (OEM) business. The Company distributes its products in domestic market and to overseas markets, including the rest areas of Asia and others.