Compal Broadband Networks Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 14, 2018 at 01:49 am IST
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Compal Broadband Networks announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,348.841 million compared to TWD 1,571.332 million a year ago. Operating income was TWD 52.332 million compared to TWD 56.601 million a year ago. Net income was TWD 49.349 million compared to TWD 47.815 million a year ago. Basic earnings per share was TWD 0.82 compared to TWD 0.79 a year ago. Diluted earnings per share was TWD 0.81 compared to TWD 0.78 a year ago.
For the nine months, sales was TWD 4,543.973 million compared to TWD 5,261.196 million a year ago. Operating income was TWD 177.298 million compared to TWD 128.235 million a year ago. Net income was TWD 157.897 million compared to TWD 125.631 million a year ago. Basic earnings per share was TWD 2.61 compared to TWD 2.1 a year ago. Diluted earnings per share was TWD 2.58 compared to TWD 2.04 a year ago.
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.