Tailyn Technologies, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022
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Tailyn Technologies, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 485.68 million compared to TWD 358.95 million a year ago. Net income was TWD 37.79 million compared to TWD 18.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 0.5 compared to TWD 0.24 a year ago.
For the six months, sales was TWD 883 million compared to TWD 635.82 million a year ago. Net income was TWD 58.5 million compared to TWD 34.52 million a year ago. Basic earnings per share from continuing operations was TWD 0.78 compared to TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.78 compared to TWD 0.46 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.