Transystem, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 01:12 pm EST
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TranSystem, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 29.108 million compared to TWD 21.187 million a year ago. Operating loss was TWD 5.929 million compared to TWD 8.434 million a year ago. Net loss was TWD 5.586 million compared to TWD 8.616 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.33 a year ago. For the nine months, sales was TWD 75.060 million compared to TWD 58.360 million a year ago. Operating loss was TWD 20.679 million compared to operating Income of TWD 146.890 million a year ago. Net loss was TWD 18.871 million compared to net income of TWD 147.805 million a year ago. Basic loss per share was TWD 0.73 compared to basic earnings per share of TWD 5.7 a year ago.
Empower Technology Corporation is a Taiwan-based company principally engaged in the manufacture and distribution of global position systems (GPSs) and telecommunication products. The Companyâs telecommunication products include multichannel multipoint distribution service (MMDS) down converters, two-way transmitters, Wireless Fidelity (Wi-Fi) products and wireless broadband products. Its GPS products include GPS modules, GPS data loggers, GPSs for sports and others. Its products are applied primarily in wireless cable television (TV) broadcasting, wireless network, navigation products and others. The Company distributes its products in Taiwan, Mainland China, the rest of Asia, the Americas and Europe markets.
EMPOWER TECHNOLOGY CORPORATION. 