Tailyn Technologies, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 05:49 pm EDT
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Tailyn Technologies, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 351.807 million compared to TWD 456.953 million a year ago. Operating income was TWD 18.562 million compared to TWD 29.956 million a year ago. Net income was TWD 24.697 million compared to TWD 27.088 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.37 a year ago. Diluted earnings per share was TWD 0.33 compared to TWD 0.36 a year ago. For the half year, sales was TWD 723.134 million compared to TWD 916.629 million a year ago. Operating income was TWD 41.389 million compared to TWD 56.111 million a year ago. Net income was TWD 44.220 million compared to TWD 51.402 million a year ago. Basic earnings per share was TWD 0.59 compared to TWD 0.69 a year ago. Diluted earnings per share was TWD 0.59 compared to TWD 0.68 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.
TAILYN TECHNOLOGIES, INC. 