Vate Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 11:50 am EST
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Vate Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 57.182 million compared to TWD 50.194 million a year ago. Operating loss was TWD 7.909 million compared to TWD 15.458 million a year ago. Net loss was TWD 5.667 million compared to TWD 15.646 million a year ago. Basic loss per share was TWD 0.07 compared to TWD 0.2 a year ago. For the nine months, total revenue was TWD 151.175 million compared to TWD 148.248 million a year ago. Operating loss was TWD 37.129 million compared to TWD 33.587 million a year ago. Net loss was TWD 32.474 million compared to TWD 32.702 million a year ago. Basic loss per share was TWD 0.41 compared to TWD 0.41 a year ago.
VATE TECHNOLOGY CO., LTD. is a Taiwan-based company primarily engaged in central processing unit (CPU) testing business. The Company mainly provides logic testing services, including the testing of logic ICs, such as high-pin-count chipset ICs and communication ICs; power IC testing services, and CPU testing services, including the testing services of CPUs and peripheral products. The Company distributes its products in domestic market and to overseas markets.
VATE TECHNOLOGY CO., LTD. 
