Transystem, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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TranSystem, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 27.974 million compared to TWD 11.570 million a year ago. Operating loss was TWD 5.227 million compared to TWD 6.410 million a year ago. Net loss was TWD 6.114 million compared to TWD 6.572 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to TWD 0.25 a year ago. For the half year, total revenue was TWD 49.752 million compared to TWD 34.641 million a year ago. Operating loss was TWD 11.577 million compared to TWD 12.308 million a year ago. Net loss was TWD 12.397 million compared to TWD 11.232 million a year ago. Basic loss per share from continuing operations was TWD 0.46 compared to TWD 0.43 a year ago.
Empower Technology Corporation is a Taiwan-based company principally engaged in the manufacture and distribution of global position systems (GPSs) and telecommunication products. The Companyâs telecommunication products include multichannel multipoint distribution service (MMDS) down converters, two-way transmitters, Wireless Fidelity (Wi-Fi) products and wireless broadband products. Its GPS products include GPS modules, GPS data loggers, GPSs for sports and others. Its products are applied primarily in wireless cable television (TV) broadcasting, wireless network, navigation products and others. The Company distributes its products in Taiwan, Mainland China, the rest of Asia, the Americas and Europe markets.