Edimax Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 02:55 pm EDT
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EDIMAX Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,283.657 million compared to TWD 1,874.925 million a year ago. Operating income was TWD 10.067 million compared to TWD 69.987 million a year ago. Net income was TWD 10.751 million compared to net loss of TWD 3.206 million a year ago. Basic earnings per share was TWD 0.06 compared to basic loss per share of TWD 0.02 a year ago. For the half year, sales was TWD 2,844.855 million compared to TWD 3,212.880 million a year ago. Operating income was TWD 60.405 million compared to TWD 19.845 million a year ago. Net income was TWD 88.827 million compared to net loss of TWD 95.930 million a year ago. Basic earnings per share was TWD 0.48 compared to basic loss per share of TWD 0.52 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.