Tai Tung Communication Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 03:12 am IST
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Tai Tung Communication Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 784.051 million compared to TWD 1,231.918 million a year ago. Operating loss was TWD 77.130 million compared to TWD 30.868 million a year ago. Net loss was TWD 60.694 million compared to net income of TWD 1.204 million a year ago. Basic loss per share was TWD 0.51 compared to basic earnings per share of TWD 0.01 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.