Taitien Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 02:10 pm
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Taitien Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,532.516 million compared to TWD 1,523.733 million a year ago. Operating loss was TWD 28.348 million compared to TWD 44.386 million a year ago. Net loss was TWD 20.507 million compared to net income of TWD 120.180 million a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 1.6 a year ago. Diluted loss per share was TWD 0.28 compared to diluted earnings per share of TWD 1.58 a year ago.
TAITIEN ELECTRONICS CO., LTD. is principally engaged in the manufacture and distribution of quartz oscillators and crystal units. The Company's products include crystal units, service mounted device (SMD) crystals, oscillators, SMD oscillators, temperature compensated crystal oscillators (TCXOs), voltage control crystal oscillators (VCXOs), oven controlled crystal oscillators (OCXOs), quartz wafers and blanks, tuning fork crystals, sensor crystals, global positioning system (GPS) clocks, stress compensated (SC)-cut crystal oscillators and testing and production equipment. The Company distributes its products within domestic market and to overseas markets.