Iroc Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
July 27, 2020 at 02:41 pm EDT
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iROC Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 64.955 million compared to TWD 28.282 million a year ago. Operating loss was TWD 6.766 million compared to TWD 36.220 million a year ago. Net loss was TWD 1.719 million compared to TWD 48.452 million a year ago. Basic loss per share was TWD 0.05 compared to TWD 1.36 a year ago. For the half year, sales was TWD 133.596 million compared to TWD 59.824 million a year ago. Operating loss was TWD 12.640 million compared to TWD 57.489 million a year ago. Net loss was TWD 45.879 million compared to TWD 64.315 million a year ago. Basic loss per share was TWD 1.29 compared to TWD 1.81 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.