AboCom Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 14, 2022
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AboCom Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 395.64 million compared to TWD 384.9 million a year ago. Net income was TWD 0.768 million compared to TWD 6.09 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to TWD 0.06 a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.06 a year ago. Diluted earnings per share was TWD 0.01 compared to TWD 0.06 a year ago.
For the six months, sales was TWD 820.65 million compared to TWD 829.23 million a year ago. Net income was TWD 31.86 million compared to net loss of TWD 21.02 million a year ago. Basic earnings per share from continuing operations was TWD 0.31 compared to basic loss per share from continuing operations of TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.31 compared to diluted loss per share from continuing operations of TWD 0.21 a year ago. Basic earnings per share was TWD 0.31 compared to basic loss per share of TWD 0.21 a year ago. Diluted earnings per share was TWD 0.31 compared to diluted loss per share of TWD 0.21 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. 
