Tailyn Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 01, 2019 at 05:50 pm EDT
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Tailyn Technologies, Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 456.953 million compared to TWD 414.235 million a year ago. Operating income was TWD 29.956 million compared to TWD 20.383 million a year ago. Net income was TWD 27.088 million compared to TWD 27.352 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.37 a year ago. Diluted earnings per share was TWD 0.36 compared to TWD 0.37 a year ago. For the half year, sales was TWD 916.629 million compared to TWD 808.992 million a year ago. Operating income was TWD 56.111 million compared to TWD 33.593 million a year ago. Net income was TWD 51.402 million compared to TWD 37.878 million a year ago. Basic earnings per share was TWD 0.69 compared to TWD 0.51 a year ago. Diluted earnings per share was TWD 0.68 compared to TWD 0.51 a year ago.
Tailyn Technologies, Inc. is principally engaged in the manufacture and distribution of communication and information equipment. The Company mainly operates two business segments, including TAILIN segment and ZHULIN segment. The Company provides wired and wireless broadband receiving, network communication and industrial computer applications. It also provides products and design, manufacture and related services of software and hardware products. The Company's products are applied in digital subscriber line access multiplexers (DSLAMs), industrial Ethernet switches, commercial grade femto cells, supervisory control and data acquisition, handheld and mobile industrial personal computers (IPCs), among others. The Company operates its businesses primarily in Asia, Europe and the Americas.