Tainergy Tech Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:28 pm EDT
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Tainergy Tech Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 565.884 million compared to TWD 654.941 million a year ago. Operating income was TWD 91.732 million compared to operating loss of TWD 31.019 million a year ago. Net income was TWD 59.603 million compared to net loss of TWD 31.263 million a year ago. Basic earnings per share was TWD 0.3 compared to basic loss per share of TWD 0.16 a year ago. For the half year, total revenue was TWD 1,068.094 million compared to TWD 1,166.579 million a year ago. Operating income was TWD 78.854 million compared to operating loss of TWD 102.967 million a year ago. Net income was TWD 52.384 million compared to net loss of TWD 86.103 million a year ago. Basic earnings per share was TWD 0.26 compared to basic loss per share of TWD 0.43 a year ago.
Tainergy Tech Co Ltd is a Taiwan-based company principally engaged in the research and development, manufacture and distribution of solar cells and solar modules. The Company's products include six-inch multi-crystalline silicon solar cells and six-inch mono-crystalline silicon solar cells. Its products are primarily applied in watches, mini-size computers, battery chargers, solar electrical bicycles, power generations and others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia and Europe.
TAINERGY TECH CO., LTD. 
