EDIMAX Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 03:29 pm EST
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EDIMAX Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,071.14 million compared to TWD 1,619.75 million a year ago. Net income was TWD 4.18 million compared to TWD 122.08 million a year ago. Basic earnings per share from continuing operations was TWD 0.02 compared to TWD 0.6 a year ago. Diluted earnings per share from continuing operations was TWD 0.02 compared to TWD 0.51 a year ago.
For the nine months, sales was TWD 3,268.69 million compared to TWD 4,513.78 million a year ago. Net income was TWD 27.53 million compared to TWD 239.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.13 compared to TWD 1.26 a year ago. Diluted earnings per share from continuing operations was TWD 0.13 compared to TWD 1.09 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.