AboCom Systems,Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 08, 2018 at 12:04 pm EST
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AboCom Systems Inc. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was TWD 223.810 million compared to TWD 414.885 million a year ago. Net loss was TWD 16.638 million compared to net income of TWD 15.300 million a year ago. Basic loss per share was TWD 0.16 compared to basic earnings per share of TWD 0.17 a year ago.
For the nine months, sales was TWD 822.207 million compared to TWD 1,164.157 million a year ago. Net loss was TWD 60.409 million compared to net income of TWD 19.489 million a year ago. Basic loss per share was TWD 0.58 compared to basic earnings per share of TWD 0.22 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. 
