Hiti Digital, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 01:56 am IST
Share
HiTi Digital, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 111.163 million compared to TWD 282.691 million a year ago. Operating loss was TWD 110.313 million compared to TWD 61.931 million a year ago. Net loss was TWD 79.820 million compared to net income of TWD 15.837 million a year ago. Basic loss per share was TWD 0.44 compared to basic earnings per share of TWD 0.09 a year ago. For the nine months, sales was TWD 369.704 million compared to TWD 770.948 million a year ago. Operating loss was TWD 366.440 million compared to TWD 264.604 million a year ago. Net loss was TWD 332.562 million compared to TWD 150.922 million a year ago. Basic loss per share was TWD 1.85 compared to TWD 0.84 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.