Edimax Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 06, 2019 at 01:49 pm EST
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EDIMAX Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,181.036 million compared to TWD 1,876.667 million a year ago. Operating loss was TWD 1.787 million compared to operating Income of TWD 110.752 million a year ago. Net loss was TWD 31.614 million compared to net income of TWD 18.653 million a year ago. Basic loss per share was TWD 0.17 compared to basic earnings per share of TWD 0.1 a year ago. For the nine months, sales was TWD 4,025.891 million compared to TWD 5,089.547 million a year ago. Operating income was TWD 58.618 million compared to TWD 130.597 million a year ago. Net income was TWD 57.213 million compared to net loss of TWD 77.277 million a year ago. Basic earnings per share was TWD 0.31 compared to basic loss 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. 
