Solid State System Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 06:24 pm EDT
Share
Solid State System 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 56.01 million compared to TWD 89.28 million a year ago. Net loss was TWD 67.75 million compared to TWD 34.7 million a year ago. Basic loss per share from continuing operations was TWD 1.36 compared to TWD 0.7 a year ago. Diluted loss per share from continuing operations was TWD 1.36 compared to TWD 0.7 a year ago.
For the nine months, sales was TWD 221.16 million compared to TWD 302.98 million a year ago. Net loss was TWD 144.49 million compared to TWD 81.19 million a year ago. Basic loss per share from continuing operations was TWD 2.9 compared to TWD 1.63 a year ago. Diluted loss per share from continuing operations was TWD 2.9 compared to TWD 1.63 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