Tainergy Tech Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 07:38 pm
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Tainergy Tech Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 502.210 million compared to TWD 511.638 million a year ago. Operating loss was TWD 12.878 million compared to TWD 71.948 million a year ago. Net loss was TWD 7.219 million compared to TWD 54.840 million a year ago. Basic loss per share was TWD 0.04 compared to TWD 0.27 a year ago.
Tainergy Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of solar cells and solar modules. The Company's products include six-inch multi-crystalline silicon solar cells and six-inch mono-crystalline silicon solar cells. Its products are primarily applied in watches, mini-size computers, battery chargers, solar electrical bicycles, power generations and others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia and Europe.