Tainergy Tech Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Tainergy Tech Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 569.21 million compared to TWD 515.1 million a year ago. Revenue was TWD 569.21 million compared to TWD 515.1 million a year ago. Net loss was TWD 19.83 million compared to TWD 164.25 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to TWD 0.82 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to TWD 0.82 a year ago.
For the six months, sales was TWD 894.26 million compared to TWD 928.9 million a year ago. Revenue was TWD 894.26 million compared to TWD 928.9 million a year ago. Net loss was TWD 87.91 million compared to TWD 270.72 million a year ago. Basic loss per share from continuing operations was TWD 0.39 compared to TWD 1.35 a year ago. Diluted loss per share from continuing operations was TWD 0.39 compared to TWD 1.35 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.