Aker Technology Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 03:02 pm EST
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Aker Technology Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 95.986 million compared to TWD 107.809 million a year ago. Operating loss was TWD 866,000 compared to TWD 1.114 million a year ago. Net loss was TWD 2.082 million compared to TWD 528,000 a year ago. Basic loss per share was TWD 0.04 compared to TWD 0.01 a year ago. For the nine months, sales was TWD 305.915 million compared to TWD 333.747 million a year ago. Operating income was TWD 2.187 million compared to operating loss of TWD 2.289 million a year ago. Net income was TWD 262,000 compared to TWD 383,000 a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.01 a year ago.
AKER TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of quartz crystal products. The Companyâs primary products include quartz crystal units, quartz crystal filters, quartz crystal oscillators and surface mount device (SMD) quartz crystal units and crystal oscillators. The Companyâs products are mainly used in the manufacture of computers, remote control toys, television (TV) games, wireless phones, Internet communication applications, consumer electronics, automotive electronics, pagers, mobile phones, very high frequency (VHF) wireless receivers and global positioning system (GPS) receivers. The Company mainly operates its businesses in Taiwan, Hong Kong, the Mainland China and Europe.
AKER TECHNOLOGY CO., LTD 
