Transystem Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 06:16 pm IST
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Transystem Inc. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 30.186 million compared to TWD 15.199 million a year ago. Operating loss was TWD 7.053 million compared to operating Income of TWD 165.581 million a year ago. Net loss was TWD 6.182 million compared to net income of TWD 165.538 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 6.38 a year ago. For the half year, sales was TWD 45.952 million compared to TWD 37.173 million a year ago. Operating loss was TWD 14.750 million compared to operating Income of TWD 155.324 million a year ago. Net loss was TWD 13.285 million compared to net income of TWD 156.421 million a year ago. Basic loss per share was TWD 0.51 compared to basic earnings per share of TWD 6.03 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.