Transystem Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 12:00 am IST
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Transystem Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 24.895 million compared to TWD 24.079 million a year ago. Sales was TWD 21.187 million compared to TWD 22.650 million a year ago. Operating loss was TWD 8.434 million compared to TWD 7.415 million a year ago. Net loss was TWD 8.616 million compared to TWD 5.788 million a year ago. Basic loss per share was TWD 0.33 compared to TWD 0.22 a year ago.
For the nine months, total revenue was TWD 65.207 million compared to TWD 66.050 million a year ago. Sales was TWD 58.360 million compared to TWD 62.028 million a year ago. Operating income was TWD 146.890 million compared to operating loss of TWD 32.366 million a year ago. Net income was TWD 147.805 million compared to net loss of TWD 31.028 million a year ago. Basic earnings per share was TWD 0.57 compared to basic loss per share of TWD 1.2 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.