Teco Image Systems Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 09:22 am EST
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Teco Image Systems Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 487.950 million compared to TWD 596.260 million a year ago. Operating income was TWD 11.317 million compared to TWD 22.543 million a year ago. Net income was TWD 69.312 million compared to TWD 83.281 million a year ago. Basic earnings per share was TWD 0.62 compared to TWD 0.74 a year ago. For the nine months, sales was TWD 1,319.396 million compared to TWD 1,570.582 million a year ago. Operating income was TWD 16.447 million compared to TWD 77.636 million a year ago. Net income was TWD 70.445 million compared to TWD 126.476 million a year ago. Basic earnings per share was TWD 0.63 compared to TWD 1.12 a year ago.
TECO Image Systems Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of digital multi-function printers (MFPs) and digital MFP modules. Its MFPs include multifunctional laser plain paper fax machines, network-based multifunctional laser plain paper fax machines and multifunctional digital copiers. The digital MFP module products include automatic document feeder (ADF) modules, scanning modules, charge coupled device (CCD) modules, contact image sensor (CIS) modules, fax kits, controllers and operation panel modules. The Company mainly distributes its products in Asian market.
TECO IMAGE SYSTEMS CO., LTD. 
