Team Young Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Team Young Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 0.919 million compared to TWD 3.23 million a year ago. Revenue was TWD 0.919 million compared to TWD 3.23 million a year ago. Net loss was TWD 9.76 million compared to TWD 4.24 million a year ago. Basic loss per share from continuing operations was TWD 0.6563 compared to TWD 0.2813 a year ago. Basic loss per share was TWD 0.6563 compared to TWD 0.2813 a year ago.
For the nine months, sales was TWD 5.29 million compared to TWD 11.64 million a year ago. Revenue was TWD 5.29 million compared to TWD 11.64 million a year ago. Net loss was TWD 48.67 million compared to TWD 14.51 million a year ago. Basic loss per share from continuing operations was TWD 3.1875 compared to TWD 0.9688 a year ago. Basic loss per share was TWD 3.1875 compared to TWD 0.9688 a year ago.
TEAM YOUNG TECHNOLOGY CO., LTD., formerly TEAM YOUNG ADVANCED CERAMICS CO LTD, is primarily engaged in marketing and sale of multilayer ceramic capacitors (MLCCs) and chip capacitors for the storage of charge, blocking, by-pass, tuning and shaking and filtering in circuit designs. The Company mainly engaged in the development and sale of active and passive electronic components and EzCon products. EzCon is a human-to-object remote control system for smart remote controls, power switches, sockets and others. The Company distributes its products in Taiwan, Europe, the United States, Japan, China and other developing countries.
TEAM YOUNG TECHNOLOGY CO.,LTD. 
