Loop Telecommunication International, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 09, 2019 at 01:38 pm EDT
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Loop Telecommunication International, Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 96.185 million compared to TWD 95.800 million a year ago. Operating loss was TWD 8.231 million compared to TWD 6.869 million a year ago. Net loss was TWD 5.452 million compared to TWD 8.993 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to TWD 0.13 a year ago. Diluted loss per share was TWD 0.08 compared to TWD 0.13 a year ago.
Loop Telecommunication International, Inc. is a Taiwan-based company primarily engaged in the research, development, manufacture and distribution of communication network equipment. The Companyâs principal products include the U-interface multiplex machines, high speed Internet access devices, beacon switches, high speed digital subscriber loop devices, modulation coordinators and others. The Company is also engaged in the provision of related consulting, design, installation and repair services, as well as the import and export of relevant products and equipment. The Company mainly distributes its products in domestic market and overseas markets, including the Americas, Europe and the Middle East.
LOOP TELECOMMUNICATION INTERNATIONAL,INC. 
