Tai-Saw Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020
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Tai-Saw Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 516.994 million compared to TWD 546.065 million a year ago. Operating loss was TWD 20.089 million compared to operating Income of TWD 23.015 million a year ago. Net loss was TWD 36.973 million compared to net income of TWD 9.691 million a year ago. Basic loss per share was TWD 0.36 compared to basic earnings per share of TWD 0.1 a year ago. For the nine months, sales was TWD 1,571.725 million compared to TWD 1,450.823 million a year ago. Operating income was TWD 8.575 million compared to TWD 37.254 million a year ago. Net loss was TWD 26.871 million compared to TWD 6.950 million a year ago. Basic loss per share was TWD 0.27 compared to TWD 0.07 a year ago.
TAI-SAW TECHNOLOGY CO.,LTD. is a Taiwan-based company principally engaged in the research, development, design, manufacture and sales of wired and radio communication components and system equipment. The Company's main products include frequency components and others. The Company is also involved in the research, development, manufacture and sales of computer hardware and peripheral equipment components, as well as the manufacture and packaging of integrated circuits. The Company's products are mainly used in mobile phones, data communications, wireless remote controls, game consoles, anti-theft devices, wireless local area networks, global positioning systems (GPSs), medical passport systems and digital broadcasting. The Company distributes its products in domestic market and to overseas markets.