Tai Tung Communication Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:16 pm
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Tai Tung Communication Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 132.183 million compared to TWD 185.341 million a year ago. Operating loss was TWD 27.910 million compared to operating Income of TWD 13.590 million a year ago. Net loss was TWD 14.152 million compared to net income of TWD 3.230 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.03 a year ago. For the nine months, sales was TWD 561.953 million compared to TWD 606.156 million a year ago. Operating loss was TWD 6.185 million compared to TWD 79.170 million a year ago. Net loss was TWD 12.217 million compared to TWD 79.723 million a year ago. Basic loss per share was TWD 0.1 compared to TWD 0.67 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. 
