Tai Tung Communication Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 12, 2021 at 08:24 pm IST
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Tai Tung Communication Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 341.196 million compared to TWD 328.897 million a year ago. Operating loss was TWD 43.124 million compared to operating income of TWD 10.603 million a year ago. Net loss was TWD 45.910 million compared to net income of TWD 134,000 a year ago. Basic loss per share was TWD 0.31.
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.