ABICO NetCom Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:10 pm EST
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ABICO NetCom Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 587.32 million compared to TWD 674.79 million a year ago. Net loss was TWD 11.44 million compared to net income of TWD 20.57 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to basic earnings per share from continuing operations of TWD 0.4 a year ago.
For the nine months, sales was TWD 1,603.72 million compared to TWD 1,986.52 million a year ago. Net loss was TWD 29.29 million compared to net income of TWD 38.04 million a year ago. Basic loss per share from continuing operations was TWD 0.56 compared to basic earnings per share from continuing operations of TWD 0.73 a year ago.
ABICO NetCom Co.,Ltd., formerly Abico FS Co., Ltd is principally engaged in the manufacture, processing and distribution of electronic components and optoelectronic products. The Company mainly involves in the manufacture and sale of office machine parts and components; the design and distribution of metal stamping molds and plastic injection molds; the manufacture and sale of pre-recorded disks and stampers, and the distribution of electronic materials and passive materials, among others. The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, the Americas, Europe and Australia.