Tainergy Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 09:07 pm
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Tainergy Tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 628.084 million compared to TWD 446.337 million a year ago. Operating loss was TWD 24.582 million compared to TWD 306.275 million a year ago. Net loss was TWD 2.302 million compared to TWD 528.510 million a year ago. Basic loss per share was TWD 0.01 compared to TWD 1.48 a year ago. For the nine months, sales was TWD 1,794.663 million compared to TWD 2,172.101 million a year ago. Operating loss was TWD 127.549 million compared to TWD 902.238 million a year ago. Net loss was TWD 88.405 million compared to TWD 1,188.318 million a year ago. Basic loss per share was TWD 0.25 compared to TWD 3.33 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.