TienPin United Enterprise CO., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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TienPin United Enterprise CO., LTD. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 23.19 million compared to TWD 19.98 million a year ago. Net income was TWD 3.37 million compared to net loss of TWD 19.2 million a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.32 a year ago. Diluted earnings per share was TWD 0.06 compared to diluted loss per share of TWD 0.32 a year ago.
For the nine months, sales was TWD 72.94 million compared to TWD 65.7 million a year ago. Net income was TWD 6.7 million compared to net loss of TWD 27.36 million a year ago. Basic earnings per share was TWD 0.09 compared to basic loss per share of TWD 0.44 a year ago. Diluted earnings per share was TWD 0.09 compared to diluted loss per share of TWD 0.44 a year ago.
TienPin United Enterprise CO., LTD (formerly: DataFab Systems Inc.) is engaged in the research, development, design, manufacture, assembly, testing and distribution of computer peripheral products. The Company provides card readers, adapters, express cards, liquid crystal displays, multimedia players, flash memory cards, as well as liquid crystal displays (LCDs), among others. During the year ended December 31, 2011, the Company obtained approximately 70.39% of its revenue from its card reader business. The Company distributes its products within the domestic market and to overseas markets, including the Americas, the rest of Asia and Europe.