Macroblock, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 02:06 pm EDT
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Macroblock, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 547.703 million compared to TWD 693.358 million a year ago. Operating income was TWD 19.461 million compared to TWD 68.259 million a year ago. Net income was TWD 17.070 million compared to TWD 65.926 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 1.62 a year ago. Diluted earnings per share was TWD 0.42 compared to TWD 1.61 a year ago.
Macroblock Inc is a Taiwan-based company mainly engaged in the design, manufacture and distribution of light emitting diode (LED)-drive integrated circuits. The main products include LED-drive integrated circuits, mixed digital and analog integrated circuits, lighting products and power modules, full array local dimming-drive integrated circuits, LED display modules. The products are applied in LED displays, liquid crystal displays, LED lightings and other areas. The Company is also engaged in the wholesale and retail of electronic materials, the international trading business, the product design business, and the electronic component manufacturing business. The Company operates within the domestic market and to overseas markets, including Asia, Europe and the Americas.