TC Tech Sweden AB (publ): TC TECH Sweden AB (publ) publishes its interim report
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 as a test and evaluation centre with a production system in a cleanroom environment. The establishment includes permanent on-site placement of personnel.