Loop Telecommunication International,Inc. Reports Earnings Results for the Full Year Ended December 31, 2021
March 29, 2022
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Loop Telecommunication International,Inc. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 515.51 million compared to TWD 598.1 million a year ago. Revenue was TWD 515.51 million compared to TWD 598.1 million a year ago. Net income was TWD 33.03 million compared to TWD 78.65 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to TWD 1.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.46 compared to TWD 1.1 a year ago. Basic earnings per share was TWD 0.47 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 0.46 compared to TWD 1.1 a year ago.
Loop Telecommunication International, Inc. is a Taiwan-based company primarily engaged in the research, development, manufacture and distribution of communication network equipment. The Companyâs principal products include the U-interface multiplex machines, high speed Internet access devices, beacon switches, high speed digital subscriber loop devices, modulation coordinators and others. The Company is also engaged in the provision of related consulting, design, installation and repair services, as well as the import and export of relevant products and equipment. The Company mainly distributes its products in domestic market and overseas markets, including the Americas, Europe and the Middle East.