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 March 31st, 2019
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.
For further information, contact:
Alexander Luiga, C.E.O. of TC TECH
Tel: 46 (0)8 - 788 08 01
E-mail: alexander.luiga@tctech.se
www.tctech.se
This information is information that TC TECH Sweden AB (publ) is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 8.00 C.E.T. on April 25 2019.
About TC TECH
TC TECH develops, manufactures and sells systems used for the replication of nano-structures in polymer products. The company’s business operations are based on an IPR-protected induction technology developed by TC TECH’s own R & D team. The technology makes it possible to heat and cool different kinds of material – in very short time, and with very high precision. The technology is well suited for polymers, and the company has chosen Light Guide Plates (LGP) as its initial focus. LGP is an acrylic panel that directs and diffuses the light emitted from the light source behind the display. TC TECH’s system makes it possible to produce displays that are thinner, refracts light more efficiently while at the same time reducing energy consumption.
The TC TECH share is listed on Nasdaq First North.
Arctic Securities is the company's Certified Adviser, email: certifiedadviser@arctic.com, tel: +46 844 68 61 00.