Tech Semiconductors Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 27, 2020 at 05:05 am EDT
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Tech Semiconductors Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was CNY 35.203 million compared to CNY 83.150 million a year ago. Operating income was CNY 888,113.34 compared to CNY 25.002 million a year ago. Net loss was CNY 70,123.46 compared to net income of CNY 23.020 million a year ago. Basic loss per share from continuing operations was CNY 0.0003 compared to basic earnings per share from continuing operations of CNY 0.108 a year ago.
TECH SEMICONDUCTORS CO., LTD is a China-based company mainly engaged in research, development, manufacturing and sales of power semiconductor chips and devices. The Company's main products include power thyristors, rectifiers, insulated gate bipolar transistor (IGBT), power semiconductor modules and other power semiconductor devices for industrial electrical control and power supply equipment. The company is also engaged in pan-cultural business, focusing on Internet film production and investment. The Company conducts its businesses in domestic and overseas markets.
TECH SEMICONDUCTORS CO., LTD. 
