Team Young Advanced Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 08:50 am EDT
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Team Young Advanced Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 171,000 compared to TWD 4.539 million a year ago. Operating loss was TWD 34.222 million compared to TWD 18.574 million a year ago. Net loss was TWD 61.289 million compared to TWD 9.174 million a year ago. Basic loss per share was TWD 1.23 compared to TWD 0.18 a year ago. For the half year, sales was TWD 301,000 compared to TWD 13.084 million a year ago. Operating loss was TWD 58.412 million compared to TWD 37.666 million a year ago. Net loss was TWD 51.347 million compared to TWD 19.448 million a year ago. Basic loss per share was TWD 1.03 compared to TWD 0.39 a year ago.
TEAM YOUNG TECHNOLOGY CO., LTD., formerly TEAM YOUNG ADVANCED CERAMICS CO LTD, is primarily engaged in marketing and sale of multilayer ceramic capacitors (MLCCs) and chip capacitors for the storage of charge, blocking, by-pass, tuning and shaking and filtering in circuit designs. The Company mainly engaged in the development and sale of active and passive electronic components and EzCon products. EzCon is a human-to-object remote control system for smart remote controls, power switches, sockets and others. The Company distributes its products in Taiwan, Europe, the United States, Japan, China and other developing countries.
TEAM YOUNG TECHNOLOGY CO.,LTD. 
