Loop Telecommunication International,Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 05:06 pm EDT
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Loop Telecommunication International,Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 598.096 million compared to TWD 544.995 million a year ago. Operating income was TWD 94.784 million compared to TWD 56.121 million a year ago. Net income was TWD 78.648 million compared to TWD 49.503 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 0.7 a year ago. Diluted earnings per share was TWD 1.1 compared to TWD 0.7 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. 
