Tecom Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 02:32 pm EST
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Tecom Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 292.215 million compared to TWD 661.795 million a year ago. Operating loss was TWD 39.253 million compared to TWD 20.233 million a year ago. Net loss was TWD 45.182 million compared to TWD 7.140 million a year ago. Basic loss per share was TWD 0.31 compared to TWD 0.05 a year ago. For the nine months, sales was TWD 1,191.223 million compared to TWD 1,848.065 million a year ago. Operating loss was TWD 115.323 million compared to TWD 88.546 million a year ago. Net loss was TWD 86.305 million compared to TWD 32.958 million a year ago. Basic loss per share was TWD 0.59 compared to TWD 0.22 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.