Edimax Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 03:48 pm EDT
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EDIMAX Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,619.878 million compared to TWD 1,283.657 million a year ago. Operating income was TWD 135.995 million compared to TWD 10.067 million a year ago. Net income was TWD 50.899 million compared to TWD 10.751 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.06 a year ago. Diluted earnings per share was TWD 0.27 compared to TWD 0.06 a year ago. For the half year, sales was TWD 2,831.065 million compared to TWD 2,844.855 million a year ago. Operating income was TWD 142.274 million compared to TWD 60.405 million a year ago. Net income was TWD 18.588 million compared to TWD 88.827 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.48 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.