Tecom Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 04:18 pm EDT
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Tecom Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 298.886 million compared to TWD 452.681 million a year ago. Operating loss was TWD 19.601 million compared to TWD 34.230 million a year ago. Net income was TWD 1.013 million compared to net loss of TWD 8.751 million a year ago. Basic earnings per share was TWD 0.01 compared to basic loss per share of TWD 0.06 a year ago. For the half year, sales was TWD 549.989 million compared to TWD 899.008 million a year ago. Operating loss was TWD 47.216 million compared to TWD 76.070 million a year ago. Net loss was TWD 26.526 million compared to TWD 41.123 million a year ago. Basic loss per share was TWD 0.18 compared to TWD 0.28 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.
TECOM CO., LTD. 
