Hiti Digital, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 02:08 am IST
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HiTi Digital, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 282.691 million compared to TWD 319.703 million a year ago. Operating loss was TWD 61.931 million compared to TWD 84.690 million a year ago. Net income was TWD 15.837 million compared to net loss of TWD 46.331 million a year ago. Basic earnings per share was TWD 0.09 compared to basic loss per share of TWD 0.26 a year ago. For the nine months, sales was TWD 770.948 million compared to TWD 859.864 million a year ago. Operating loss was TWD 264.604 million compared to TWD 265.824 million a year ago. Net loss was TWD 150.922 million compared to TWD 174.874 million a year ago. Basic loss per share was TWD 0.84 compared to TWD 0.97 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.