TranSystem, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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TranSystem, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 40.57 million compared to TWD 25.98 million a year ago. Revenue was TWD 41 million compared to TWD 27.97 million a year ago. Net income was TWD 2.15 million compared to net loss of TWD 6.11 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to basic loss per share from continuing operations of TWD 0.22 a year ago. Diluted earnings per share from continuing operations was TWD 0.07 compared to diluted loss per share from continuing operations of TWD 0.22 a year ago.
For the six months, sales was TWD 67.19 million compared to TWD 44.19 million a year ago. Revenue was TWD 70.22 million compared to TWD 49.75 million a year ago. Net income was TWD 1.78 million compared to net loss of TWD 12.4 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.06 compared to diluted loss per share from continuing operations of TWD 0.46 a year ago.
Empower Technology Corporation is a Taiwan-based company principally engaged in the manufacture and distribution of global position systems (GPSs) and telecommunication products. The Companyâs telecommunication products include multichannel multipoint distribution service (MMDS) down converters, two-way transmitters, Wireless Fidelity (Wi-Fi) products and wireless broadband products. Its GPS products include GPS modules, GPS data loggers, GPSs for sports and others. Its products are applied primarily in wireless cable television (TV) broadcasting, wireless network, navigation products and others. The Company distributes its products in Taiwan, Mainland China, the rest of Asia, the Americas and Europe markets.
EMPOWER TECHNOLOGY CORPORATION. 
