Tienpin United Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 02:12 pm
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TienPin United Enterprise CO., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 6.750 million compared to TWD 29.597 million a year ago. Operating loss was TWD 3.954 million compared to operating Income of TWD 6.334 million a year ago. Net loss was TWD 1.481 million compared to TWD 15.134 million a year ago. Basic loss per share was TWD 0.02 compared to TWD 0.25 a year ago. For the half year, sales was TWD 15.632 million compared to TWD 59.563 million a year ago. Operating loss was TWD 7.669 million compared to operating Income of TWD 12.999 million a year ago. Net loss was TWD 5.052 million compared to net income of TWD 26.189 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.42 a year ago.
TienPin United Enterprise CO., LTD (formerly: DataFab Systems Inc.) is engaged in the research, development, design, manufacture, assembly, testing and distribution of computer peripheral products. The Company provides card readers, adapters, express cards, liquid crystal displays, multimedia players, flash memory cards, as well as liquid crystal displays (LCDs), among others. During the year ended December 31, 2011, the Company obtained approximately 70.39% of its revenue from its card reader business. The Company distributes its products within the domestic market and to overseas markets, including the Americas, the rest of Asia and Europe.