Tai Tung Communication Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 15, 2020 at 12:41 am IST
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Tai Tung Communication Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 328.897 million compared to TWD 354.406 million a year ago. Operating income was TWD 10.603 million compared to operating loss of TWD 59.100 million a year ago. Net income was TWD 134,000 compared to net loss of TWD 58.849 million a year ago. Basic eps was TWD 0 compared to basic loss per share of TWD 0.5 a year ago.
TAI TUNG COMMUNICATION CO., LTD. is a Taiwan-based company principally engaged in the manufacturing and sales of telecommunication equipment and cables. The Companyâs primary products include optical cables, optical fibers and related components, telecommunication transmission cables, power transmission cables and others. The Company's products are mainly used in communication, network, mobile phone and other industries. The Company is also engaged in the construction of optical networks and the cable engineering projects businesses. The Company mainly distributes its products in domestic market and overseas markets, including Southeast Asia.