Abocom Systems, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 02:40 pm EDT
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AboCom Systems, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,575.950 million compared to TWD 1,208.068 million a year ago. Operating loss was TWD 17.942 million compared to TWD 97.751 million a year ago. Net loss was TWD 26.620 million compared to TWD 99.100 million a year ago. Basic loss per share was TWD 0.26 compared to TWD 0.96 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.