IROC Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 01, 2022 at 05:14 pm EDT
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iROC 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 4.89 million compared to TWD 4.56 million a year ago. Net loss was TWD 50.74 million compared to net income of TWD 45.65 million a year ago. Basic loss per share from continuing operations was TWD 1.97 compared to basic earnings per share from continuing operations of TWD 1.77 a year ago. Diluted loss per share from continuing operations was TWD 1.97 compared to diluted earnings per share from continuing operations of TWD 1.77 a year ago.
For the six months, sales was TWD 14.22 million compared to TWD 7.28 million a year ago. Net loss was TWD 73.86 million compared to net income of TWD 43.03 million a year ago. Basic loss per share from continuing operations was TWD 2.87 compared to basic earnings per share from continuing operations of TWD 1.67 a year ago. Diluted loss per share from continuing operations was TWD 2.87 compared to diluted earnings per share from continuing operations of TWD 1.67 a year ago.
IROC CO., LTD. is a Taiwan-based company primarily engaged in the manufacture and distribution of controller chips and the trading of controller chip components. The company's products include flash memory related products and components and memory related products and components. Its products are applied in secure digital (SD) cards for information transmission between portable products and storage multimedia. The Company is also engaged in the provision of technical services. The Company distributes its products in domestic market and to overseas markets, including the rest of Asia and the Americas.