Iroc Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 03:44 pm EST
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iROC Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 60.062 million compared to TWD 48.418 million a year ago. Operating loss was TWD 12.850 million compared to TWD 8.200 million a year ago. Net loss was TWD 2.256 million compared to net income of TWD 24.340 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.68 a year ago. For the nine months, sales was TWD 119.886 million compared to TWD 165.295 million a year ago. Operating loss was TWD 70.339 million compared to TWD 28.545 million a year ago. Net loss was TWD 66.571 million compared to TWD 1.430 million a year ago. Basic loss per share was TWD 1.87 compared to TWD 0.04 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.