Tai Tung Communication Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 11:01 am
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Tai Tung Communication Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 416.571 million compared to TWD 344.968 million a year ago. Operating income was TWD 11.122 million compared to operating loss of TWD 33.660 million a year ago. Net income was TWD 1.801 million compared to net loss of TWD 24.104 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.2 a year ago. For the half year, total revenue was TWD 745.468 million compared to TWD 699.374 million a year ago. Operating income was TWD 21.725 million compared to operating loss of TWD 92.760 million a year ago. Net income was TWD 1.935 million compared to net loss of TWD 82.953 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.7 a year ago.
TAI TUNG COMMUNICATION CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and sales of telecommunication equipment and cables. The Companyâs primary products include optical cables, optical fibers and related components, telecommunication transmission cables, power transmission cables and others. The Company's products are mainly used in communication, network, mobile phone and other industries. The Company is also engaged in the construction of optical networks and the cable engineering projects businesses. The Company mainly distributes its products in domestic market and overseas markets, including Southeast Asia.
TAI TUNG COMMUNICATION CO., LTD. 
