Hiti Digital, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 02:22 am IST
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HiTi Digital, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 81.527 million compared to TWD 255.857 million a year ago. Operating loss was TWD 123.887 million compared to TWD 94.817 million a year ago. Net loss was TWD 118.312 million compared to TWD 70.346 million a year ago. Basic loss per share was TWD 0.66 compared to TWD 0.39 a year ago. For the half year, sales was TWD 258.541 million compared to TWD 488.257 million a year ago. Operating loss was TWD 256.127 million compared to TWD 202.673 million a year ago. Net loss was TWD 252.742 million compared to TWD 166.759 million a year ago. Basic loss per share was TWD 1.41 compared to TWD 0.93 a year ago.
HiTi Digital, Inc. is principally engaged in the design, research and development, manufacture and sales of printers and printer consumables. The Company offers household photo printers and other consumer electronic products related to digital image, including independent print printers and portable wireless printers. The Company provides commercial photo printers and related integration solutions, including card high-speed and high-capacity photo printers and high-resolution photo printers. It also provides colorful card printers and related integration solutions. The Company is also engaged in the provision of consumer video value-added services.