Inactive Instrument

TC TECH Sweden AB (publ)

Equities

TCT

SE0007603170

Industrial Machinery & Equipment

TC TECH Sweden () : publishes its interim report

April 29, 2021 at 02:02 am EDT

TC TECH has today published its interim report for the period January 1 to March 31, 2021.

Net sales amounted to 0 (105) TSEK in the first quarter of 2021. In the same period, net profit/loss totalled -4 100 (-7 407) TSEK. Cash flow from operating activities was -3 803 (-7 342) TSEK in the period from January 1^st to March 31^st 2021.

Developments in the first quarter of 2021

TC TECH Sweden AB (publ) announced that the company's board of directors has resolved that the company is to establish a subsidiary in Taiwan. This subsidiary will include market and sales resources, as well as a test and evaluation centre with a production system in a cleanroom environment. The establishment includes permanent on-site placement of personnel.

For further information, please contact:

Alexander Luiga, C.E.O., TC TECH Sweden AB (publ)
Tel: +46 (0)8-788 08 01
Email: alexander.luiga@tctech.se
www.tctech.se

This information was submitted for publication through the agency of the contact person set out above, at 8.00 C.E.T. on April 29^th 2021.

About TC TECH

TC TECH is an innovative high-tech company that has developed its very own system for the production of advanced plastic details with nano patterns. Operations are based on an IPR-protected induction technique that makes it possible to heat and cool material - rapidly and with high precision. Initially, TC TECH has chosen to focus on systems for the production of diffusers for mini-LED and so-called Light Guide Plates (LGP) for screens and displays. TC TECH has its statutory seat and head office in Stockholm (Spånga), Sweden, where also R&D operations are based.

The TC TECH share is listed on Nasdaq First North Growth Market.

Arctic Securities is the company's Certified Adviser, email: certifiedadviser@arctic.com, tel: +46 844 68 61 00.

https://news.cision.com/tc-tech-sweden-ab--publ-/r/tc-tech-sweden-ab--publ--publishes-its-interim-report,c3336078

https://mb.cision.com/Main/13421/3336078/1409366.pdf

Latest news about TC TECH Sweden AB (publ)

TC TECH Sweden AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-27	CI
CIMON Acquisition Secures Over 85% Stake in TC TECH	22-08-25	MT
TC TECH Sweden AB Receives Order Valued At SEK 6 Million from Taiwan-Based Manufacturer of Optical Films	22-08-24	CI
TC TECH Sweden AB Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-18	CI
TC TECH Sweden AB Elects Jörgen Brandt to Its Board	22-05-19	CI
TC TECH Sweden AB Receives an Order Valued At Approx. SEK 6.5 Million Covering Production System and Equipment for Manufacturing of Consumable Products Within Microfluidics/Diagnostics	22-05-10	CI
TC TECH Sweden AB Reports Earnings Results for the First Quarter Ended March 31, 2022	22-04-28	CI
TC TECH Sweden AB Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021	22-02-25	CI
TC TECH Sweden AB Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-10-28	CI
TC TECH Sweden AB Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-19	CI
TC TECH Sweden AB Receives Order Valued At USD 660,000 from Chinese Manufacturer of Diffusers for Mini-LED Displays	21-06-30	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the First Quarter Ended March 31, 2021	21-04-29	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the Fourth Quarter Ended December 31, 2020	21-02-25	CI
TC Tech Announces to Establish a Subsidiary in Taiwan	21-02-24	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the Third Quarter Ended September 30, 2020	20-10-29	CI
TC TECH Sweden AB announced that it has received SEK 10.626 million in funding from Länsförsäkringar AB and other investors	20-10-14	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2020	20-08-19	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the First Quarter Ended March 31, 2020	20-04-30	CI
TC Tech Sweden AB Publ Reports Earnings Results for the Fourth Quarter Ended December 31, 2019	20-02-21	CI
TC TECH Sweden AB Receives Evaluation Project from a German Company in the Automotive Industry	20-02-17	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the Third Quarter Ended September 30, 2019	19-10-25	CI
TC TECH Receives Order for One Production System from A Chinese LGP Manufacturer for Laptops and Tablets	19-09-23	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2019	19-08-15	CI
Tc Tech Sweden AB Publ Reports Earnings Results for the First Quarter Ended March 31, 2019	19-04-25	CI
TC TECH Sweden AB Receives Order for One Production System from an Asian LGP Manufacturer for Laptops and Tablets	19-04-01	CI

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Company Profile

TC TECH Sweden AB is a Sweden-based company that develops production technology based on protected induction technique, ideal for the production of advanced plastic components. The Company focuses on the manufacture of Light Guide Plates (LGP) used in the production of screens and displays to direct and scatter light out the front. The Company supplies systems for the screen industry. The Company's products include TCP 1000 High Performance (HP), TCP 1000 High Throughput (HT), TCP 150 High Precision Electric (HPE) and TCP Edge Embossing (EE). The Company has its statutory seat and head office in Karlshamn, Sweden, whereas Research and Development (R&D) operations are based in Stockholm (Spanga), Sweden.

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