Tainergy Tech Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 02, 2020 at 08:43 pm
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Tainergy Tech Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 537.463 million compared to TWD 628.084 million a year ago. Operating loss was TWD 37.359 million compared to TWD 24.582 million a year ago. Net loss was TWD 19.511 million compared to TWD 2.302 million a year ago. Basic loss per share was TWD 0.1 compared to TWD 0.01 a year ago. For the nine months, sales was TWD 1,605.557 million compared to TWD 1,794.663 million a year ago. Operating income was TWD 41.495 million compared to operating loss of TWD 127.549 million a year ago. Net income was TWD 32.873 million compared to net loss of TWD 88.405 million a year ago. Basic earnings per share was TWD 0.16 compared to basic loss per share of TWD 0.44 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.
TAINERGY TECH CO., LTD. 
