Compal Broadband Networks, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 05, 2021 at 01:35 am IST
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Compal Broadband Networks, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 757.286 million compared to TWD 539.342 million a year ago. Operating income was TWD 18.517 million compared to operating loss of TWD 10.386 million a year ago. Net loss was TWD 3.490 million compared to net income of TWD 228,000 a year ago. Basic loss per share from continuing operations was TWD 0.05.
COMPAL BROADBAND NETWORKS, INC. is a Taiwan-based company mainly engaged in the research, development and sale of cable modem, digital set-top boxes and wireless broadband sharers and other communications products. The main products include data machine products, which are primarily applied for networking, home entertainment, home security and wireless accessories, as well as materials sales revenue and others. The Company mainly sells its products to Europe, Americas, Oceania and Asia.