Tienpin United Enterprise Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 09, 2019 at 03:31 pm EDT
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TienPin United Enterprise CO., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 8.882 million compared to TWD 29.966 million a year ago. Operating loss was TWD 3.715 million compared to operating income of TWD 7.026 million a year ago. Net loss was TWD 3.571 million compared to net income of TWD 41.323 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.67 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.