TranSystem, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021
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TranSystem, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 28.38 million compared to TWD 29.26 million a year ago. Revenue was TWD 29.71 million compared to TWD 29.88 million a year ago. Net loss was TWD 2.74 million compared to TWD 3.85 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to TWD 0.15 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to TWD 0.15 a year ago.
For the nine months, sales was TWD 72.56 million compared to TWD 61.22 million a year ago. Revenue was TWD 79.46 million compared to TWD 64.52 million a year ago. Net loss was TWD 15.14 million compared to TWD 15.08 million a year ago. Basic loss per share from continuing operations was TWD 0.55 compared to TWD 0.58 a year ago. Diluted loss per share from continuing operations was TWD 0.55 compared to TWD 0.58 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.