IROC Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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iROC Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 3.19 million compared to TWD 5.99 million a year ago. Net loss was TWD 15.72 million compared to net income of TWD 18.72 million a year ago. Basic loss per share from continuing operations was TWD 0.61 compared to basic earnings per share from continuing operations of TWD 0.73 a year ago. Diluted loss per share from continuing operations was TWD 0.61 compared to diluted earnings per share from continuing operations of TWD 0.71 a year ago. Basic loss per share was TWD 0.61 compared to basic earnings per share of TWD 0.73 a year ago. Diluted loss per share was TWD 0.61 compared to diluted earnings per share of TWD 0.71 a year ago.
For the nine months, sales was TWD 17.42 million compared to TWD 13.27 million a year ago. Net loss was TWD 89.58 million compared to net income of TWD 61.75 million a year ago. Basic loss per share from continuing operations was TWD 3.48 compared to basic earnings per share from continuing operations of TWD 2.4 a year ago. Diluted loss per share from continuing operations was TWD 3.48 compared to diluted earnings per share from continuing operations of TWD 2.35 a year ago. Basic loss per share was TWD 3.48 compared to basic earnings per share of TWD 2.4 a year ago. Diluted loss per share was TWD 3.48 compared to diluted earnings per share of TWD 2.35 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.