IROC Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 04, 2021 at 06:03 pm EDT
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iROC Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 5.99 million compared to TWD 12.53 million a year ago. Net income was TWD 18.72 million compared to net loss of TWD 24.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to basic loss per share from continuing operations of TWD 0.94 a year ago. Diluted earnings per share from continuing operations was TWD 0.71 compared to diluted loss per share from continuing operations of TWD 0.94 a year ago.
For the nine months, sales was TWD 13.27 million compared to TWD 146.12 million a year ago. Net income was TWD 61.75 million compared to net loss of TWD 69.99 million a year ago. Basic earnings per share from continuing operations was TWD 2.4 compared to basic loss per share from continuing operations of TWD 2.72 a year ago. Diluted earnings per share from continuing operations was TWD 2.35 compared to diluted loss per share from continuing operations of TWD 2.72 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.