EDIMAX Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 04, 2022
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EDIMAX Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,497.1 million compared to TWD 1,312.43 million a year ago. Net income was TWD 87.94 million compared to net loss of TWD 32.45 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to basic loss per share from continuing operations of TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.41. Basic earnings per share was TWD 0.47 compared to basic loss per share of TWD 0.17 a year ago. Diluted earnings per share was TWD 0.41.
For the six months, sales was TWD 2,894.03 million compared to TWD 2,522.51 million a year ago. Net income was TWD 117.16 million compared to net loss of TWD 62.81 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to basic loss per share from continuing operations of TWD 0.33 a year ago. Diluted earnings per share from continuing operations was TWD 0.55. Basic earnings per share was TWD 0.62 compared to basic loss per share of TWD 0.33 a year ago. Diluted earnings per share was TWD 0.55.
EDIMAX TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of network communications products. The Company's principal products and services include consumptive communication equipment, telecom operators? communication equipment and communication related services. The Company mainly sells its products under its own brands of EDIMAX and COMTREND. The Company mainly operates through three business segments: retailing business segment, telecom business segment and others segment. The Company mainly distributes its products in domestic market and overseas markets, including the rest of Asia, the Americas and Europe.