Edimax Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 03:51 pm EDT
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EDIMAX Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,211.187 million compared to TWD 1,561.198 million a year ago. Operating income was TWD 6.279 million compared to TWD 50.338 million a year ago. Net loss was TWD 32.311 million compared to net income of TWD 78.076 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.42 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.
EDIMAX TECHNOLOGY CO., LTD. 
