Tainet Communication System Corp. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 25.87 million compared to TWD 15.87 million a year ago. Net loss was TWD 35.1 million compared to net income of TWD 1.67 million a year ago. Basic loss per share from continuing operations was TWD 1.18 compared to basic earnings per share from continuing operations of TWD 0.0543 a year ago. Diluted loss per share from continuing operations was TWD 1.18 compared to diluted earnings per share from continuing operations of TWD 0.0543 a year ago.
For the six months, sales was TWD 42.92 million compared to TWD 29.9 million a year ago. Net loss was TWD 48.52 million compared to net income of TWD 92.59 million a year ago. Basic loss per share from continuing operations was TWD 1.62 compared to basic earnings per share from continuing operations of TWD 3.087 a year ago. Diluted loss per share from continuing operations was TWD 1.62 compared to diluted earnings per share from continuing operations of TWD 3.0761 a year ago.