Asia
Taiwan Microloops Clarifies Media Report on Earnings Forecast; Shares Zoom 10%
Taiwan Microloops (TPE:6831) issued a clarification on a Commercial Times report which forecasted the company's full year earnings to more than double in 2026, according to a Wednesday filing with the Taiwan Exchange.The thermal module maker said the projected earnings per share exceeding NT$10 were based on estimates and forecasts independently made by institutional investors, and directed investors to refer to its official financial disclosures for its revenue and earnings.Shares of the company surged nearly 10% in Wednesday trading.
TPE:6831
