Shinemore Technology Materials Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:16 pm EST
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ShineMore Technology Materials Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 38.644 million compared to TWD 110.069 million a year ago. Operating loss was TWD 20.424 million compared to TWD 13.578 million a year ago. Net loss was TWD 17.843 million compared to TWD 14.478 million a year ago. Basic loss per share was TWD 0.23 compared to TWD 0.19 a year ago. For the nine months, sales was TWD 165.344 million compared to TWD 300.944 million a year ago. Operating loss was TWD 45.417 million compared to TWD 35.662 million a year ago. Net loss was TWD 40.098 million compared to TWD 37.526 million a year ago. Basic loss per share was TWD 0.53 compared to TWD 0.49 a year ago.
ShineMore Technology Materials Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and sales of copper clad circuit laminations. The Company's main products include copper clad laminations (CCLs), adhesive film, parts and components and others. The Company's products are mainly used in consumer electronics, home appliances, automobiles, high speed computing, high-frequency communications and cloud computing. The Company distributes its products in domestic market and to overseas markets.