Transystem, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 06:39 pm IST
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TranSystem, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 29.259 million compared to TWD 29.108 million a year ago. Operating loss was TWD 3.171 million compared to TWD 5.929 million a year ago. Net loss was TWD 3.847 million compared to TWD 5.586 million a year ago. Basic loss per share was TWD 0.15 compared to TWD 0.22 a year ago. For the nine months, sales was TWD 61.220 million compared to TWD 75.060 million a year ago. Operating loss was TWD 15.479 million compared to TWD 20.679 million a year ago. Net loss was TWD 15.079 million compared to TWD 18.871 million a year ago. Basic loss per share was TWD 0.58 compared to TWD 0.73 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.