Abocom Systems, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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AboCom Systems, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 384.898 million compared to TWD 347.777 million a year ago. Operating income was TWD 15.989 million compared to operating loss of TWD 113.672 million a year ago. Net income was TWD 6.091 million compared to net loss of TWD 109.460 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 1.08 a year ago. For the half year, total revenue was TWD 829.230 million compared to TWD 741.973 million a year ago. Operating income was TWD 270,000 compared to operating loss of TWD 113.464 million a year ago. Net loss was TWD 21.020 million compared to TWD 108.768 million a year ago. Basic loss per share from continuing operations was TWD 0.21 compared to TWD 1.07 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. 