Loop Telecommunication International, Inc. Reports Earnings Results for the Full Year Ended December 31, 2018
March 27, 2019 at 05:47 pm EDT
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Loop Telecommunication International, Inc. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 548.039 million compared to TWD 528.026 million a year ago. Operating loss was TWD 5.713 million compared to operating Income of TWD 20.770 million a year ago. Net income was TWD 1.164 million compared to TWD 15.371 million a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.22 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. 
