Abico Netcom Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:16 pm EST
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ABICO NetCom Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 1,001.430 million compared to TWD 1,102.697 million a year ago. Operating income was TWD 23.830 million compared to TWD 47.831 million a year ago. Net income was TWD 4.315 million compared to TWD 19.667 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.38 a year ago. For the nine months, total revenue was TWD 2,783.734 million compared to TWD 3,745.977 million a year ago. Operating income was TWD 71.417 million compared to TWD 154.545 million a year ago. Net income was TWD 12.765 million compared to TWD 62.668 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 1.21 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.