Macroblock, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:36 am EST
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Macroblock, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 482.3 million compared to TWD 507.17 million a year ago. Net income was TWD 13.57 million compared to TWD 26.62 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to TWD 0.6 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to TWD 0.6 a year ago.
For the nine months, sales was TWD 1,415.43 million compared to TWD 2,041.05 million a year ago. Net loss was TWD 5.49 million compared to net income of TWD 293.98 million a year ago. Basic loss per share from continuing operations was TWD 0.12 compared to basic earnings per share from continuing operations of TWD 6.61 a year ago. Diluted loss per share from continuing operations was TWD 0.12 compared to diluted earnings per share from continuing operations of TWD 6.57 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.