AboCom Systems, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 11:31 am IST
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AboCom Systems, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 437.2 million compared to TWD 425.01 million a year ago. Net income was TWD 4.13 million compared to TWD 31.09 million a year ago.
Basic earnings per share from continuing operations was TWD 0.04 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.04 compared to TWD 0.31 a year ago.
AboCom Systems, Inc. is a Taiwan-based company principally engaged in the design, development, manufacture and sales of network communication products and information security related products. The Companyâs principal products include Ethernet, wireless local area network (LAN), faxes, modems, X digital subscriber line (XDSL) products, voice over Internet protocol (VOIP) products, power line communication (PLC) products, wireless audio and video (AV) products and wireless displays, among others. The Company mainly sells its products under the brand of AboCom. The Company mainly operates through two business segments: network communication business segment and original equipment manufacturer (OEM) business segment. The Company mainly operates its businesses in Taiwan.