Teco Image Systems Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 06:58 pm EDT
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Teco Image Systems Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 270.654 million compared to TWD 438.735 million a year ago. Operating loss was TWD 19.294 million compared to operating Income of TWD 12.634 million a year ago. Net loss was TWD 3.731 million compared to net income of TWD 11.634 million a year ago. Basic loss per share was TWD 0.03 compared to basic earnings per share of TWD 0.1 a year ago. For the half year, sales was TWD 488.002 million compared to TWD 831.446 million a year ago. Operating loss was TWD 66.152 million compared to operating Income of TWD 5.130 million a year ago. Net loss was TWD 55.091 million compared to net income of TWD 1.133 million a year ago. Basic loss per share was TWD 0.49 compared to basic earnings per share of TWD 0.01 a year ago.
TECO Image Systems Co., Ltd. is a Taiwan-based company principally engaged in the design, manufacture and sales of digital multi-function printers (MFPs) and digital MFP modules. Its MFPs include multifunctional laser plain paper fax machines, network-based multifunctional laser plain paper fax machines and multifunctional digital copiers. The digital MFP module products include automatic document feeder (ADF) modules, scanning modules, charge coupled device (CCD) modules, contact image sensor (CIS) modules, fax kits, controllers and operation panel modules. The Company mainly distributes its products in Asian market.