Abocom Systems, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 03:34 pm EDT
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AboCom Systems, Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 394.196 million compared to TWD 275.679 million a year ago. Operating income was TWD 208,000 compared to operating loss of TWD 32.907 million a year ago. Net income was TWD 692,000 compared to net loss of TWD 32.328 million a year ago. Basic earnings per share was TWD 0.01 compared to basic loss per share of TWD 0.32 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. 
