Tainergy Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Tainergy Tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 514.177 million compared to TWD 565.884 million a year ago. Operating loss was TWD 178.594 million compared to operating Income of TWD 91.732 million a year ago. Net loss was TWD 162.109 million compared to net income of TWD 59.603 million a year ago. Basic loss per share was TWD 0.81 compared to basic earnings per share of TWD 0.3 a year ago. For the half year, total revenue was TWD 927.972 million compared to TWD 1,068.094 million a year ago. Operating loss was TWD 275.870 million compared to operating Income of TWD 78.854 million a year ago. Net loss was TWD 268.580 million compared to net income of TWD 52.384 million a year ago. Basic loss per share was TWD 1.34 compared to basic earnings per share of TWD 0.26 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.