AboCom Systems, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 08:32 pm
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AboCom Systems, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 425.01 million compared to TWD 444.33 million a year ago. Net income was TWD 31.09 million compared to net loss of TWD 27.11 million a year ago. Basic earnings per share was TWD 0.31 compared to basic loss per share of TWD 0.27 a year ago. Diluted earnings per share was TWD 0.31 compared to diluted loss per share of TWD 0.27 a year ago.
AboCom Systems, Inc. is a Taiwan-based company principally engaged in the design, development, manufacture and sales of network communication products and information security related products. The Companyâs principal products include Ethernet, wireless local area network (LAN), faxes, modems, X digital subscriber line (XDSL) products, voice over Internet protocol (VOIP) products, power line communication (PLC) products, wireless audio and video (AV) products and wireless displays, among others. The Company mainly sells its products under the brand of AboCom. The Company mainly operates through two business segments: network communication business segment and original equipment manufacturer (OEM) business segment. The Company mainly operates its businesses in Taiwan.