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TC TECH Sweden AB (publ) publishes its interim report

TC TECH has today published its interim report for the period January 1 to September 30, 2021.Net sales amounted to 0 (0) TSEK in the third quarter of 2021. In the same period, net profit/loss totalled -4 318 (-4 925) TSEK. Cash flow from operating activities was  -563 (-3 125) TSEK in the period from July 1[st] to September 30[th] 2021. Net sales amounted to 0 (105) TSEK in the first nine months of 2021, while net profit/loss totalled -10 975 (-17 581) TSEK. Cash flow from operating activities was -6 082 (-13 453) TSEK in the period from January 1[st] to September[30th] 2021.

TC TECH Sweden AB (publ) publishes its interim report

TC TECH has today published its interim report for the period January 1 to June 30, 2021.Net sales amounted to 0 (0) TSEK in the second quarter of 2021. In the same period, net profit/loss totalled -2 557 (-5 249) TSEK. Cash flow from operating activities was  -1 716 (-2 986) TSEK in the period from April 1[st] to June 30[th] 2021. Net sales amounted to 0 (105) TSEK in the first half of 2021, while net profit/loss totalled -6 657 (-12 657) TSEK. Cash flow from operating activities was -5 519 (-10 328) TSEK in the period from 1 January to 30 June 2021.

TC TECH receives order valued at 660,000 USD from Chinese manufacturer of diffusers for mini-LED displays

TC TECH Sweden AB (publ) announces that the company has received an order covering equipment for the manufacturing of diffusers for mini-LED displays from one of the leading companies in China. The total order value for the system solution covered by the order is valued at 660,000 USD (approx. 5.6 MSEK). The company expects to deliver the order in the fourth quarter of 2021.The customer is one of the larger Chinese companies within development and production of optical films, including diffusers for mini-LED displays. Their customers include several of the larger electronics manufacturers

Press release from TC TECH Sweden AB’s 2021 Annual General Meeting

TC TECH Sweden AB’s Annual General Meeting was held today, May 20, 2021. The AGM was conducted without the shareholders' personal presence in accordance with the notice. The shareholders have exercised their voting rights through postal voting before the meeting. Through notification and a postal vote before the meeting, 47,5% of all issued shares were represented at the AGM.The AGM approved the income statement and the balance sheet for the company for the fiscal year 2020, furthermore, the Board of Directors' proposal for appropriation of the company's results was adopted and discharged

TC TECH Sweden AB (publ) publishes its interim report

TC TECH has today published its interim report for the period January 1 to March 31, 2021.Net sales amounted to 0 (105) TSEK in the first quarter of 2021. In the same period, net profit/loss totalled -4 100 (-7 407) TSEK. Cash flow from operating activities was  -3 803 (-7 342) TSEK in the period from January 1[st] to March 31[st] 2021.  Developments in the first quarter of 2021 TC TECH Sweden AB (publ) announced that the company’s board of directors has resolved that the company is to establish a subsidiary in Taiwan. This subsidiary will include market and sales resources, as well

TC TECH Sweden AB (publ) publishes its Summarized Financial Statements

TC TECH has today published its summarized financial statement report for the period January 1 to December 31, 2020.Net sales amounted to 2 (4 358) TSEK in the fourth quarter of 2020. In the same period, net profit/loss totalled -3 182 (-6 007) TSEK. Cash flow from operating activities was -1 487 (-3 991) TSEK in the period from October 1[st] to December 31[st] 2020.  Net sales amounted to 107 (14 193) TSEK in the full year of 2020, while net profit/loss totalled -20 763 (-27 640) TSEK. Cash flow from operating activities was -14 940 (-22 181) TSEK in the period from January 1[st] to

TC TECH announces that the company will establish a subsidiary in Taiwan

TC TECH Sweden AB (publ) announces that the company’s board of directors today has resolved that the company is to establish a subsidiary in Taiwan. This subsidiary will include market and sales resources, as well as a test and evaluation centre with production system in a cleanroom environment. The establishment includes permanent on-site placement of personnel.This establishment of a subsidiary is conducted in accordance with TC TECH’s clearly stated ambition to scale up the company’s market and sales operations in its most important market. The financing is secured, as TC TECH recently

TC TECH Sweden AB (publ) publishes its interim report as of September 30th, 2020

TC TECH has today published its interim report for the period January 1 to September 30, 2020.Net sales amounted to 0 (4 717) TSEK in the third quarter of 2020. In the same period, net profit/loss totalled -4 925 (-6 261) TSEK. Cash flow from operating activities was -3 125 (-2 243) TSEK in the third quarter of 2020.  Net sales amounted to 105 (9 835) TSEK in the first nine months of 2020, while net profit/loss totalled -17 581 (-21 633) TSEK. Cash flow from operating activities was -13 453 (-18 190) TSEK in the period from January 1st to September 30th 2020.  Developments in the

TC TECH receives 10,6 MSEK from directed share issue

The board of directors of TC TECH Sweden AB (publ) has decided to conduct a directed share issue of maximum 1 540 000 shares in accordance with the authorization granted from the company’s annual general meeting on May 14, 2020. The share issue will increase the company’s share capital with maximum 123 200 SEK, while the company receives approx. 10,6 MSEK in cash.The largest subscribers of shares in the directed share issue are three companies in the Swedish insurance company group Länsförsäkringar, known for their strong focus on commitment and longterm ownership. The remaining shares are

TC TECH Sweden AB (publ) publishes its interim report as of June 30th, 2020

TC TECH has today published its interim report for the period January 1 to June 30, 2020.Net sales amounted to 0 (4 254) TSEK in the second quarter of 2020. In the same period, net profit/loss totalled -5 250 (-6 838) TSEK. Cash flow from operating activities was -2 987 (-9 270) TSEK in the second quarter of 2020.  Net sales amounted to 105 (5 118) TSEK in the first half of 2020, while net profit/loss totalled -12 657 (-15 372) TSEK. Cash flow from operating activities was -10 328 (-15 947) TSEK in the period from 1 January to 30 June 2020.  Developments in the second quarter of 2020

Press release from TC TECH Sweden AB’s 2020 Annual General Meeting

TC TECH Sweden AB’s annual general meeting was held on 14 May 2020, at NetPort in Karlshamn, Sweden. 53,3% of all issued shares were represented at the AGM.The AGM approved the income statement and the balance sheet for the company for the fiscal year 2019, and discharged the members of the Board and the CEO from liability for the fiscal year 2019. Further, in accordance with the proposal submitted by the Nomination Committee, the AGM resolved that the Board of Directors shall consist of five ordinary Board members without deputy members. The Board will concist of the following members

TC TECH has published its interim report

TC TECH has today published its interim report for the period to March 31, 2019.In the first quarter of 2020, net sales amounted to 105 (864) TSEK, net profit/loss to  -7 407 (-8 534) TSEK and cash flow from operating activities to -7 342 (-6 676) TSEK.   Developments in the first quarter of 2020 · TC TECH Sweden AB (publ) announced that the company has received an order for an evaluation project of LGPs from a German sub-supplier in the automotive industry. This is TC TECH’s first inroad into the automotive industry. Developments after March 31[st], 2020 · TC TECH Sweden

TC TECH updates on effects of the Covid-19 pandemic and implemented measures to reduce operational costs

TC TECH Sweden AB (publ) announces that the company currently has very limited possibilities to physically meet with customers and potential customers due to the Covid-19 pandemic. Instead, digital meetings are being frequently used. Testing activities for customers in Asia at TC TECH’s facility in Spånga are however ongoing. Other business operations are also, for the most part, continuing as planned with the exception of the mentioned limitations regarding marketing activities.“The uncertainty regarding how long the Covid-19 pandemic will continue to affect our operations has led us to

TC TECH Sweden AB (publ) publishes its Summarized Financial Statements

TC TECH has today published its summarized financial statement report for the period January 1 to December 30, 2019Net sales amounted to 4 358 (48) TSEK in the fourth quarter of 2019. Net profit/loss totalled -6 007 (-10 326) TSEK in the fourth quarter of the year. Cash flow from operating activities was -3 991 (-13 500) TSEK in the period from October 1st to December 31st 2019. Net sales amounted to 14 193 (48) TSEK in the full year of 2019, while Net profit/loss totalled -27 640 (-32 365) TSEK in the full year 2019. Cash flow from operating activities was -22 181 (-26 498) TSEK in the

TC TECH receives evaluation project from a German company in the automotive industry

TC TECH Sweden AB (publ) announces that the company has received an order for an evaluation project of LGPs from a German sub-supplier in the automotive industry. This is TC TECH’s first inroad into the automotive industry.The order clearly shows that the interest in TC TECH’s technology is now starting to increase in other segments in addition to manufacturing of LCD displays for mobile phones, tablets and laptops. “This is our first project for a customer in the automotive industry, for which we will receive a payment of 105 TSEK. If these tests turn out well, they could lead to

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, 2019Net 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)

TC TECH receives 19 MSEK from directed share issue

The board of directors of TC TECH Sweden AB(publ) has decided to conduct a directed share issue of 1 412 700 shares in accordance with the authorization granted fromthe company’s annual general meeting on May 9, 2019. The share issue willincrease the company’s share capital with 113 016 SEK, while the companyreceives approx. 19 MSEK in cash.The largest subscribers of shares in the directed share issue are three companies in the Swedish insurance company group Länsförsäkringar, known for their strong focus on commitment and long-term ownership. The remaining shares were subscribed by

TC TECH receives order for one production system from a Chinese LGP manufacturer for laptops and tablets

TC TECH Sweden AB (publ) announces 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. The order was received in accordance with a letter of intent earlier announced.The customer is focusing on LGPs in the premium segment for Chinese as well as international manufacturers of LCD displays. This means that the customer has great opportunities to include TC TECH’s technology in upcoming laptops and tablets from well-known

TC TECH Sweden AB (publ) publishes its interimreport as of June 30th, 2019

TC TECH has today published its interim report for the period January 1 to June 30, 2019.Net sales amounted to 4 254 (0) TSEK in the second quarter of 2019. In the same period, net profit/loss totalled -6 838 (-7 557) TSEK. Cash flow from operating activities was -9 270 (-6 164) TSEK in the second quarter of 2019.  Net sales amounted to 5 118 (0) TSEK in the first half of 2019, while net profit/loss totalled -15 372 (-15 222) TSEK. Cash flow from operating activities was -15 947 (-11 210) TSEK in the period from 1 January to 30 June 2019.  · TC TECH Sweden AB (publ) announced that

TC TECH receives final approval from Asian manufacturer of LGPs for laptops and tablets

TC TECH Sweden AB (publ) announces 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 spring.The order was announced in a press release on April 1, 2019. Delivery, installation and now final approval of the system have subsequently been achieved according to plan. “As we have stated earlier, this customer has a strong focus on R&D and production of LGPs for tablets and laptops in the premium segment, which is a

Press release from TC TECH Sweden AB’s 2019 Annual General Meeting

TC TECH Sweden AB’s annual general meeting was held on 9 May 2019, at NetPort in Karlshamn, Sweden. 54,3% of all issued shares were represented at the AGM.The AGM approved the income statement and the balance sheet for the company for the fiscal year 2018, and discharged the members of the Board and the CEO from liability for the fiscal year 2018. Further, in accordance with the proposal submitted by the Nomination Committee, the AGM resolved that the Board of Directors shall consist of five ordinary Board members without deputy members. The Board was re-elected in its entirety, and will

TC TECH has published its interim report

TC TECH has today published its interim report for the period to March 31, 2019.In the first quarter of 2019, net sales amounted to 864 (0) TSEK, net profit/loss to  -8 534 (-7 665) TSEK and cash flow from operating activities to -6 676 (-5 045) TSEK.  TC TECH Sweden AB (publ) has received an order for three production systems for volume manufacturing of high-performing LGPs to an existing customer in Taiwan. The customer is an LGP manufacturer in the premium segment and delivers components to LCD displays in sizes suitable for mobile phones, tablets and laptops. Developments after

TC TECH receives order for one production system from leading Asian LGP manufacturer for laptops and tablets

TC TECH Sweden AB (publ) announces that the company has received an order for one production system for high-performing LGPs for LCD displays from a leading LGP manufacturer based in Taiwan. The customer delivers LGPs for laptops and tablets from globally recognized brands.The order is TC TECH’s first from a customer with a strong focus on LGPs for LCD displays in larger sizes than mobile phone displays. The customer conducts significant research and development in LCD display solutions, and has well-established relations with premium manufacturers of laptops and tablets. “With this

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