Tailyn Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 07:59 pm EDT
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Tailyn Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 527.36 million compared to TWD 485.68 million a year ago. Net income was TWD 61.78 million compared to TWD 37.79 million a year ago. Basic earnings per share from continuing operations was TWD 0.82 compared to TWD 0.5 a year ago. Diluted earnings per share from continuing operations was TWD 0.82 compared to TWD 0.5 a year ago.
For the six months, sales was TWD 1,041.28 million compared to TWD 883 million a year ago. Net income was TWD 109.07 million compared to TWD 58.5 million a year ago. Basic earnings per share from continuing operations was TWD 1.45 compared to TWD 0.78 a year ago. Diluted earnings per share from continuing operations was TWD 1.45 compared to TWD 0.78 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.
TAILYN TECHNOLOGIES, INC. 
