EDIMAX Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 04, 2022 at 04:24 pm EDT
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EDIMAX Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,716.4 million compared to TWD 1,344.94 million a year ago. Net income was TWD 122.08 million compared to TWD 11.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.51 compared to TWD 0.06 a year ago.
For the nine months, sales was TWD 4,610.42 million compared to TWD 3,867.45 million a year ago. Net income was TWD 239.24 million compared to net loss of TWD 51.08 million a year ago. Basic earnings per share from continuing operations was TWD 1.26 compared to basic loss per share from continuing operations of TWD 0.27 a year ago. Diluted earnings per share from continuing operations was TWD 1.09.
EDIMAX TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of network communications products. The Companyâs principal products and services include consumptive communication equipment, telecom operatorsâ communication equipment and communication related services. The Company mainly sells its products under its own brands of EDIMAX and COMTREND. The Company mainly operates through three business segments: retailing business segment, telecom business segment and others segment. The Company mainly distributes its products in domestic market and overseas markets, including the rest of Asia, the Americas and Europe.