Tai Tung Communication Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 09:32 am EDT
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Tai Tung Communication Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 221.388 million compared to TWD 353.454 million a year ago. Operating loss was TWD 33.660 million compared to TWD 6.132 million a year ago. Net loss was TWD 24.104 million compared to net income of TWD 2.303 million a year ago. Basic loss per share was TWD 0.2 compared to basic earnings per share of TWD 0.02 a year ago. For the half year, sales was TWD 420.815 million compared to TWD 619.256 million a year ago. Operating loss was TWD 92.760 million compared to TWD 8.839 million a year ago. Net loss was TWD 82.953 million compared to net income of TWD 5.507 million a year ago. Basic loss per share was TWD 0.7 compared to basic earnings per share of TWD 0.05 a year ago.
TAI TUNG COMMUNICATION CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and sales of telecommunication equipment and cables. The Companyâs primary products include optical cables, optical fibers and related components, telecommunication transmission cables, power transmission cables and others. The Company's products are mainly used in communication, network, mobile phone and other industries. The Company is also engaged in the construction of optical networks and the cable engineering projects businesses. The Company mainly distributes its products in domestic market and overseas markets, including Southeast Asia.
TAI TUNG COMMUNICATION CO., LTD. 