Abocom Systems, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 12:11 am IST
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AboCom Systems, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 451.705 million compared to TWD 223.810 million a year ago. Operating income was TWD 18.786 million compared to operating loss of TWD 9.042 million a year ago. Net income was TWD 15.959 million compared to net loss of TWD 16.638 million a year ago. Basic earnings per share was TWD 0.16 compared to basic loss per share of TWD 0.16 a year ago. For the nine months, sales was TWD 1,079.963 million compared to TWD 822.207 million a year ago. Operating loss was TWD 37.284 million compared to TWD 63.779 million a year ago. Net loss was TWD 38.265 million compared to TWD 60.409 million a year ago. Basic loss per share was TWD 0.38 compared to TWD 0.58 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.
ABOCOM SYSTEMS, INC. 
