Tailyn Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 04:26 pm EDT
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Tailyn Technologies, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 371.327 million compared to TWD 459.676 million a year ago. Operating income was TWD 22.827 million compared to TWD 26.155 million a year ago. Net income was TWD 19.523 million compared to TWD 24.314 million a year ago. Basic earnings per share was TWD 0.26 compared to TWD 0.32 a year ago.
Tailyn Technologies, Inc. is principally engaged in the manufacture and distribution of communication and information equipment. The Company mainly operates two business segments, including TAILIN segment and ZHULIN segment. The Company provides wired and wireless broadband receiving, network communication and industrial computer applications. It also provides products and design, manufacture and related services of software and hardware products. The Company's products are applied in digital subscriber line access multiplexers (DSLAMs), industrial Ethernet switches, commercial grade femto cells, supervisory control and data acquisition, handheld and mobile industrial personal computers (IPCs), among others. The Company operates its businesses primarily in Asia, Europe and the Americas.