AboCom Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 15, 2022 at 12:59 am IST
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AboCom Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 404.76 million compared to TWD 440.55 million a year ago. Revenue was TWD 404.76 million compared to TWD 440.55 million a year ago. Net income was TWD 50.89 million compared to TWD 11.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.5 compared to TWD 0.11 a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.11 a year ago. Diluted earnings per share was TWD 0.5 compared to TWD 0.11 a year ago.
For the nine months, sales was TWD 1,225.41 million compared to TWD 1,269.78 million a year ago. Revenue was TWD 1,225.41 million compared to TWD 1,269.78 million a year ago. Net income was TWD 82.75 million compared to net loss of TWD 9.52 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to basic loss per share from continuing operations of TWD 0.09 a year ago. Diluted earnings per share from continuing operations was TWD 0.81 compared to diluted loss per share from continuing operations of TWD 0.09 a year ago. Basic earnings per share was TWD 0.81 compared to basic loss per share of TWD 0.09 a year ago. Diluted earnings per share was TWD 0.81 compared to diluted loss per share of TWD 0.09 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.