Tecom Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 12:36 pm EST
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Tecom Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 281.343 million compared to TWD 292.215 million a year ago. Operating loss was TWD 8.886 million compared to TWD 39.253 million a year ago. Net loss was TWD 9.109 million compared to TWD 45.182 million a year ago. Basic loss per share was TWD 0.21 compared to TWD 1.02 a year ago. For the nine months, sales was TWD 831.332 million compared to TWD 1,191.223 million a year ago. Operating loss was TWD 56.102 million compared to TWD 115.323 million a year ago. Net loss was TWD 35.635 million compared to TWD 86.305 million a year ago. Basic loss per share was TWD 0.81 compared to TWD 1.95 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. 
