Myson Century, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:17 pm EST
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Myson Century, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 10.011 million compared to TWD 16.674 million a year ago. Operating loss was TWD 6.045 million compared to TWD 23.536 million a year ago. Net loss was TWD 5.949 million compared to net income of TWD 36.023 million a year ago. Basic loss per share was TWD 0.1 compared to basic earnings per share of TWD 0.6 a year ago. For the nine months, sales was TWD 41.402 million compared to TWD 68.549 million a year ago. Operating loss was TWD 10.566 million compared to TWD 49.950 million a year ago. Net loss was TWD 7.003 million compared to net income of TWD 17.662 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.29 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.