Throughtek Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 21, 2021 at 05:30 pm EDT
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ThroughTek Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 199.825 million compared to TWD 140.908 million a year ago. Operating income was TWD 13.926 million compared to operating loss of TWD 36.102 million a year ago. Net income was TWD 13.000 million compared to net loss of TWD 32.489 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to basic loss per share from continuing operations of TWD 1.25 a year ago.
ThroughTek Co Ltd is a Taiwan-based company mainly engaged in the operation of software services related to the Internet of Things (IoT) industry. The Company's main products and services include Kalay cloud services and related software sales and design services. The application product line includes software sales, design services, Kalay cloud services, and smart home networking products. The Company mainly provides software connection technology, cloud service solutions and App design services applied to the Kalay platform, and the sales format is business-to-business (B2B). B2B products objects include telecom companies, smart homes or security monitoring product brands, hardware manufacturers, and solution providers.