Tailyn Technologies, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 02, 2020 at 04:58 pm EST
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Tailyn Technologies, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 332.988 million compared to TWD 430.810 million a year ago. Operating income was TWD 14.027 million compared to TWD 29.812 million a year ago. Net income was TWD 13.314 million compared to TWD 32.050 million a year ago. Basic earnings per share was TWD 0.18 compared to TWD 0.43 a year ago. For the nine months, sales was TWD 1,056.122 million compared to TWD 1,347.439 million a year ago. Operating income was TWD 55.416 million compared to TWD 85.923 million a year ago. Net income was TWD 57.534 million compared to TWD 83.452 million a year ago. Basic earnings per share was TWD 0.77 compared to TWD 1.11 a year ago. Diluted earnings per share was TWD 0.76 compared to TWD 1.11 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. 
