Team Young Technology Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Team Young Technology Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1.91 million compared to TWD 0.919 million a year ago. Revenue was TWD 1.91 million compared to TWD 0.919 million a year ago. Net loss was TWD 2.4 million compared to TWD 9.76 million a year ago. Basic loss per share from continuing operations was TWD 0.13.
For the nine months, sales was TWD 4.57 million compared to TWD 5.29 million a year ago. Revenue was TWD 4.57 million compared to TWD 5.29 million a year ago. Net loss was TWD 14.78 million compared to TWD 48.67 million a year ago. Basic loss per share from continuing operations was TWD 0.82.
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. 
