Myson Century, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 12:44 pm EST
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Myson Century, Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 16.674 million compared to TWD 50.517 million a year ago. Operating loss was TWD 23.536 million compared to TWD 14.114 million a year ago. Net income was TWD 36.023 million compared to net loss of TWD 18.954 million a year ago. Basic earnings per share was TWD 0.6 compared to basic loss per share of TWD 0.32 a year ago.
For the nine months, sales was TWD 68.549 million compared to TWD 120.410 million a year ago. Operating loss was TWD 49.950 million compared to TWD 66.236 million a year ago. Net income was TWD 17.662 million compared to net loss of TWD 81.568 million a year ago. Basic earnings per share was TWD 0.29 compared to basic loss per share of TWD 1.36 a year ago.
Myson Century, Inc. is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of integrated circuit (IC) products. The Company's main products consist of micro controller unit (MCU) chips, which are applied in liquid crystal display (LCD) screens, LCD televisions (TVs), audio equipment and others; video display and communication ICs, which are used in digital video products, digital cameras, LCD displays and others, as well as automotive electronic chips, which are applied in automotive related systems. The Company also provides relevant testing, maintenance, technology consulting and other services. The Company distributes its products within domestic market and to overseas markets.