Tai Tung Communication Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
Share
Tai Tung Communication Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 257.54 million compared to TWD 195.46 million a year ago. Revenue was TWD 460.68 million compared to TWD 341.2 million a year ago. Net loss was TWD 59.54 million compared to TWD 45.91 million a year ago. Basic loss per share from continuing operations was TWD 0.4 compared to TWD 0.31 a year ago. Diluted loss per share from continuing operations was TWD 0.4 compared to TWD 0.31 a year ago. Basic loss per share was TWD 0.4 compared to TWD 0.31 a year ago. Diluted loss per share was TWD 0.4 compared to TWD 0.31 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.