EDIMAX Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 05, 2021 at 05:33 pm EDT
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EDIMAX Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,344.94 million compared to TWD 1,890.58 million a year ago. Net income was TWD 11.73 million compared to TWD 84.96 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.06 compared to TWD 0.46 a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.46 a year ago. Diluted earnings per share was TWD 0.06 compared to TWD 0.46 a year ago.
For the nine months, sales was TWD 3,867.45 million compared to TWD 4,721.64 million a year ago. Net loss was TWD 51.08 million compared to net income of TWD 103.55 million a year ago. Basic loss per share from continuing operations was TWD 0.27 compared to basic earnings per share from continuing operations of TWD 0.56 a year ago. Basic loss per share was TWD 0.27 compared to basic earnings per share of TWD 0.56 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.