Chip Hope Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:43 pm EST
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Chip Hope Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 507.370 million compared to TWD 645.288 million a year ago. Operating loss was TWD 10.195 million compared to TWD 14.388 million a year ago. Net loss was TWD 11.299 million compared to TWD 16.167 million a year ago. Basic loss per share was TWD 0.17 compared to TWD 0.25 a year ago. For the nine months, sales was TWD 1,533.003 million compared to TWD 2,024.105 million a year ago. Operating loss was TWD 40.629 million compared to TWD 14.052 million a year ago. Net loss was TWD 39.039 million compared to TWD 8.511 million a year ago. Basic loss per share was TWD 0.58 compared to TWD 0.13 a year ago.
CHIP HOPE CO., LTD. is a Taiwan-based company principally engaged in the manufacturer and sales of memory products and integrated circuit (IC) application products. The Company's memory products include various flash memory cards, which are applied in cell phones, computers, digital cameras, as well as other information and electronic products. The Companyâs IC application products consist of personal computer ICs (including universal serial bus (USB) keyboard ICs, USB optical mouse ICs, USB wireless keyboard and mouse ICs) and communication ICs, which are applied in caller identification, wireless telephone chipsets and telephone answering machines. It is also involved in the development of smart phones, as well as the value-added design and sales of related software. The Company distributes its products mainly in Asia market.
CHIP HOPE CO., LTD 
