Home/TC TECH Sweden AB (publ) publishes its Interim Report as of September 30th, 2019

TC TECH Sweden AB (publ) publishes its Interim Report as of September 30th, 2019

TC TECH has today published its interim report for the period January 1 to September 30, 2019

Net sales amounted to 4 717 (0) TSEK in the third quarter of 2019. In the same period, net profit/loss totalled -6 261 (-6 817) TSEK. Cash flow from operating activities was -2 243 (-1 789) TSEK in the third quarter of 2019.

Net sales amounted to 9 835 (0) TSEK in the first nine month of 2019, while net profit/loss totalled -21 633 (-22 039) TSEK. Cash flow from operating activities was -18 190 (-12 999) TSEK in the period from January 1st to September 30th 2019.

  •  TC TECH Sweden AB (publ) announced that the company has received final approval of a production system for high-performing LGPs used in LCD displays from a Taiwan-based customer. The system has been delivered and installed at the customer’s facilities during the summer.
  •  TC TECH Sweden AB (publ) announced that the company has received an order for one production system used for manufacturing of high-performing LGPs for LCD displays from Nicrotek Co., Ltd, a Chinese LGP manufacturer who is a part of the SVG Optronics Tech Group, and in accordance with the letter of intent previously communicated. The order was received through their Chinese distributor QJ-TEC.

Developments after September 30th, 2019

  •  TC TECH Sweden AB (publ) has in October made a directed equity issue of 1 412 700 shares, based on the authorization granted by the AGM held on May 9th 2019. As a result of this resolution, the company’s share capital increased by SEK 113 016 and liquid funds by around SEK 19 million.
By |October 25th, 2019|News|Comments Off on TC TECH Sweden AB (publ) publishes its Interim Report as of September 30th, 2019

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