Edimax Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 02:36 pm EST
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EDIMAX Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,890.579 million compared to TWD 1,181.036 million a year ago. Operating income was TWD 179.831 million compared to operating loss of TWD 1.787 million a year ago. Net income was TWD 84.960 million compared to net loss of TWD 31.614 million a year ago. Basic earnings per share was TWD 0.46 compared to basic loss per share of TWD 0.17 a year ago. For the nine months, sales was TWD 4,721.644 million compared to TWD 4,025.891 million a year ago. Operating income was TWD 322.105 million compared to TWD 58.618 million a year ago. Net income was TWD 103.548 million compared to TWD 57.213 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.31 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. 
