Tai Tung Communication Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 08:33 pm
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Tai Tung Communication Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 185.341 million compared to TWD 337.945 million a year ago. Sales was TWD 0 compared to negative sales of TWD 730,000 a year ago. Operating income was TWD 13.590 million compared to TWD 2.575 million a year ago. Net income was TWD 3.230 million compared to TWD 6.819 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.06 a year ago. For the nine months, sales was TWD 606.156 million compared to TWD 957.201 million a year ago. Operating loss was TWD 79.170 million compared to TWD 6.264 million a year ago. Net loss was TWD 79.723 million compared to net income of TWD 12.326 million a year ago. Basic loss per share was TWD 0.67 compared to basic earnings per share of TWD 0.1 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.
TAI TUNG COMMUNICATION CO., LTD. 
