AboCom Systems, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023 at 10:47 pm EST
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AboCom Systems, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 502.96 million compared to TWD 404.76 million a year ago. Net income was TWD 45.74 million compared to TWD 50.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to TWD 0.5 a year ago.
For the nine months, sales was TWD 1,336.55 million compared to TWD 1,225.41 million a year ago. Net income was TWD 7.62 million compared to TWD 82.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to TWD 0.81 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. 
