Macroblock, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:27 pm EST
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Macroblock, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 641.668 million compared to TWD 818.172 million a year ago. Operating income was TWD 30.467 million compared to TWD 94.184 million a year ago. Net income was TWD 26.859 million compared to TWD 71.466 million a year ago. Basic earnings per share was TWD 0.66 compared to TWD 1.8 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 1.75 a year ago. For the nine months, sales was TWD 2,148.755 million compared to TWD 2,343.846 million a year ago. Operating income was TWD 202.695 million compared to TWD 254.594 million a year ago. Net income was TWD 190.036 million compared to TWD 211.445 million a year ago. Basic earnings per share was TWD 4.66 compared to TWD 5.65 a year ago. Diluted earnings per share was TWD 4.63 compared to TWD 5.17 a year ago.
Macroblock Inc is a Taiwan-based company mainly engaged in the design, manufacture and distribution of light emitting diode (LED)-drive integrated circuits. The main products include LED-drive integrated circuits, mixed digital and analog integrated circuits, lighting products and power modules, full array local dimming-drive integrated circuits, LED display modules. The products are applied in LED displays, liquid crystal displays, LED lightings and other areas. The Company is also engaged in the wholesale and retail of electronic materials, the international trading business, the product design business, and the electronic component manufacturing business. The Company operates within the domestic market and to overseas markets, including Asia, Europe and the Americas.