Sunvic Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 02:56 pm EST
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SunVic Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 105.167 million compared to TWD 107.785 million a year ago. Operating loss was TWD 3.912 million compared to TWD 13.991 million a year ago. Net loss was TWD 12.888 million compared to TWD 18.775 million a year ago. Basic loss per share was TWD 0.36 compared to TWD 0.52 a year ago.
For the nine months, sales was TWD 283.474 million compared to TWD 307.912 million a year ago. Operating loss was TWD 9.416 million compared to TWD 43.095 million a year ago. Net loss was TWD 26.619 million compared to TWD 48.792 million a year ago. Basic loss per share was TWD 0.74 compared to TWD 1.35 a year ago.
Sunvic Technology Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and sales of plastic films. The Companyâs principal products include aluminum and copper foil polyester tapes, electrostatic protection materials, self-adhesive copper foils, conductive fabrics, flame retardant polypropylene (FRPP) films, metal and aluminum foil antistatic bags, zipper plastic films, aluminum foil fiber paper, polyethylene plastic films and double-layer extruded films. The Company mainly conducts its business in American, Asian and European markets.