Tecom Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 06:16 pm EDT
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Tecom Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 452.681 million compared to TWD 594.150 million a year ago. Operating loss was TWD 34.230 million compared to TWD 26.428 million a year ago. Net loss was TWD 8.751 million compared to net income of TWD 7.753 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.05 a year ago. For the half year, sales was TWD 899.008 million compared to TWD 1,186.270 million a year ago. Operating loss was TWD 76.070 million compared to TWD 68.313 million a year ago. Net loss was TWD 41.123 million compared to TWD 25.818 million a year ago. Basic loss per share was TWD 0.28 compared to TWD 0.18 a year ago.
TECOM CO., LTD. is a Taiwan-based company principally engaged in the development, design, manufacture and sales of broadband products, business communication systems, mobile communication products and wireless communication systems. It also provides marketing and after-sale services. The Companyâs products include e-home systems, centralized user switches, client switching systems, communication systems with network switches, smart phone business communication systems, wireless communication equipment, optical network gateway related products, home network gateway related products and the third generation (3G) micro base stations related products. The Company operates businesses in Taiwan, America and other regions.