Tai Tung Communication Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Tai Tung Communication Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 181.82 million compared to TWD 235.05 million a year ago. Revenue was TWD 363.9 million compared to TWD 373.49 million a year ago. Net loss was TWD 96.59 million compared to TWD 26.27 million a year ago. Basic loss per share from continuing operations was TWD 0.64 compared to TWD 0.18 a year ago. Diluted loss per share from continuing operations was TWD 0.64 compared to TWD 0.18 a year ago. Basic loss per share was TWD 0.64 compared to TWD 0.18 a year ago. Diluted loss per share was TWD 0.64 compared to TWD 0.18 a year ago.
For the six months, sales was TWD 439.37 million compared to TWD 430.51 million a year ago. Revenue was TWD 824.58 million compared to TWD 714.69 million a year ago. Net loss was TWD 156.13 million compared to TWD 72.18 million a year ago. Basic loss per share from continuing operations was TWD 1.05 compared to TWD 0.49 a year ago. Diluted loss per share from continuing operations was TWD 1.05 compared to TWD 0.49 a year ago. Basic loss per share was TWD 1.05 compared to TWD 0.49 a year ago. Diluted loss per share was TWD 1.05 compared to TWD 0.49 a year ago.
TAI TUNG COMMUNICATION CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and sales of telecommunication equipment and cables. The Companyâs primary products include optical cables, optical fibers and related components, telecommunication transmission cables, power transmission cables and others. The Company's products are mainly used in communication, network, mobile phone and other industries. The Company is also engaged in the construction of optical networks and the cable engineering projects businesses. The Company mainly distributes its products in domestic market and overseas markets, including Southeast Asia.