Tailyn Technologies, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 07, 2018 at 02:35 pm EST
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Tailyn Technologies, Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 383.293 million compared to TWD 355.747 million a year ago. Net income was TWD 18.275 million compared to TWD 23.919 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.3 a year ago.
For the nine months, sales was TWD 1,192.285 million compared to TWD 953.790 million a year ago. Net income was TWD 56.153 million compared to TWD 22.323 million a year ago. Basic earnings per share was TWD 0.75 compared to TWD 0.28 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.