Abocom Systems, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 01:24 pm EST
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AboCom Systems, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 497.891 million compared to TWD 451.705 million a year ago. Operating income was TWD 23.341 million compared to TWD 18.786 million a year ago. Net income was TWD 12.181 million compared to TWD 15.959 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.16 a year ago. For the nine months, total revenue was TWD 1,239.864 million compared to TWD 1,079.963 million a year ago. Operating loss was TWD 90.123 million compared to TWD 37.284 million a year ago. Net loss was TWD 96.587 million compared to TWD 38.265 million a year ago. Basic loss per share was TWD 0.95 compared to TWD 0.38 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. 
