Tailyn Technologies, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 04, 2019 at 04:11 pm EST
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Tailyn Technologies, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 430.810 million compared to TWD 383.293 million a year ago. Operating income was TWD 29.812 million compared to TWD 16.613 million a year ago. Net income was TWD 32.050 million compared to TWD 18.275 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.24 a year ago. For the nine months, sales was TWD 1,347.439 million compared to TWD 1,192.285 million a year ago. Operating income was TWD 85.923 million compared to TWD 50.206 million a year ago. Net income was TWD 83.452 million compared to TWD 56.153 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 0.75 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.