Taitien Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 11:19 pm IST
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Taitien Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 361.880 million compared to TWD 377.475 million a year ago. Operating loss was TWD 9.158 million compared to TWD 26.238 million a year ago. Net loss was TWD 7.535 million compared to net income of TWD 31.013 million a year ago. Basic loss per share was TWD 0.1 compared to basic earnings per share of TWD 0.41 a year ago. For the half year, sales was TWD 686.587 million compared to TWD 726.738 million a year ago. Operating loss was TWD 24.491 million compared to TWD 55.483 million a year ago. Net loss was TWD 14.732 million compared to TWD 7.089 million a year ago. Basic loss per share was TWD 0.19 compared to TWD 0.09 a year ago.
TAITIEN ELECTRONICS CO., LTD. is principally engaged in the manufacture and distribution of quartz oscillators and crystal units. The Company's products include crystal units, service mounted device (SMD) crystals, oscillators, SMD oscillators, temperature compensated crystal oscillators (TCXOs), voltage control crystal oscillators (VCXOs), oven controlled crystal oscillators (OCXOs), quartz wafers and blanks, tuning fork crystals, sensor crystals, global positioning system (GPS) clocks, stress compensated (SC)-cut crystal oscillators and testing and production equipment. The Company distributes its products within domestic market and to overseas markets.