TC TECH has today published its interim report for the period
Net sales amounted to 0 (4 254) TSEK in the second quarter of 2020. In the same period, net profit/loss totalled -5 250 (-6 838) TSEK. Cash flow from operating activities was -2 987 (-9 270) TSEK in the second quarter of 2020.
Net sales amounted to 105 (5 118) TSEK in the first half of 2020, while net profit/loss totalled -12 657 (-15 372) TSEK. Cash flow from operating activities was -10 328 (-15 947) TSEK in the period from 1 January to
Developments in the second quarter of 2020
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For further information, please contact:
Tel: +46 (0)8-788 08 01
Email: alexander.luiga@tctech.se
www.tctech.se
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About TC TECH
TC TECH develops, manufactures and sells systems used for the replication of nano-structures in polymer products. The company's business operations are based on an IPR-protected induction technology developed by TC TECH's own R & D team. The technology makes it possible to heat and cool different kinds of material - in very short time, and with very high precision. The technology is well suited for polymers, and the company has chosen Light Guide Plates (LGP) as its initial focus. LGP is an acrylic panel that directs and diffuses the light emitted from the light source behind the display. TC TECH's system makes it possible to produce displays that are thinner, refracts light more efficiently while at the same time reducing energy consumption.
The TC TECH share is listed on Nasdaq First North Growth Market.
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