EDIMAX Technology Co., Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 12, 2018 at 11:45 am EST
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EDIMAX Technology Co., Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced total operating revenue was TWD 1,876.667 million compared to TWD 1,511.807 million a year ago. Net operating income was TWD 110.752 million compared to operating loss of TWD 6.558 million a year ago. Profit attributable to owners of parent was TWD 18.653 million compared to net loss of TWD 21.934 million a year ago. Basic and diluted earnings per share was TWD 0.1 compared to basic and diluted loss per share of TWD 0.12 a year ago.
For the nine months, total operating revenue was TWD 5,089.547 million compared to TWD 4,173.357 million a year ago. Net Operating income was TWD 130.597 million compared to TWD 8.982 million a year ago. Profit attributable to owners of parent was TWD 77.277 million compared to TWD 82.869 million a year ago. Basic and diluted loss per share was TWD 0.42 compared to TWD 0.45 a year ago.
EDIMAX TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of network communications products. The Companyâs principal products and services include consumptive communication equipment, telecom operatorsâ 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.