Min Aik Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 03:29 pm EST
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Min Aik Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,364.158 million compared to TWD 1,732.692 million a year ago. Operating loss was TWD 127.979 million compared to TWD 74.788 million a year ago. Net loss was TWD 73.081 million compared to TWD 32.055 million a year ago. Basic loss per share was TWD 0.53 compared to TWD 0.23 a year ago. For the nine months, sales was TWD 4,002.830 million compared to TWD 5,109.264 million a year ago. Operating loss was TWD 424.331 million compared to TWD 263.125 million a year ago. Net loss was TWD 299.459 million compared to TWD 206.521 million a year ago. Basic loss per share was TWD 2.18 compared to TWD 1.5 a year ago.
MIN AIK TECHNOLOGY Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of hard disk machines and related parts and components. The Company's main products include hard disk drive arm assemblies, voice coil motors (VCMs), hard drive top covers, external hard disk machines, read and write head checks, hard drive parts and others. The Company distributes its products in Asia, Europe and the Americas markets.
MIN AIK TECHNOLOGY CO., LTD. 
