Solid State System Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 04:59 pm EDT
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Solid State System Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 156.518 million compared to TWD 194.415 million a year ago. Operating loss was TWD 33.868 million compared to TWD 492,000 a year ago. Net loss was TWD 33.157 million compared to net income of TWD 3.229 million a year ago. Basic loss per share was TWD 0.41 compared to basic earnings per share of TWD 0.04 a year ago. For the half year, sales was TWD 299.019 million compared to TWD 329.150 million a year ago. Operating loss was TWD 80.082 million compared to TWD 28.640 million a year ago. Net loss was TWD 79.241 million compared to TWD 22.337 million a year ago. Basic loss per share was TWD 0.98 compared to TWD 0.28 a year ago.
Solid State System Co., Ltd is a Taiwan-based company principally engaged in the design, testing, production and distribution of flash memory controller integrated circuits (ICs) and audio ICs. The Company's major products and services include NADA flash memory controller ICs, micro-electro-mechanical system (MEMS) microphone ICs, audio ICs, as well as intellectual property and design services. The Company's products are applied in digital cameras, personal digital assistants (PDAs), industrial computers, mobile phones and audio products. The Company distributes its products within domestic market and to overseas markets
SOLID STATE SYSTEM CO., LTD. 
