AboCom Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 09:24 am
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AboCom Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 396.4 million compared to TWD 395.64 million a year ago. Net loss was TWD 42.26 million compared to net income of TWD 0.768 million a year ago. Basic loss per share from continuing operations was TWD 0.42 compared to basic earnings per share from continuing operations of TWD 0.01 a year ago.
For the six months, sales was TWD 833.6 million compared to TWD 820.65 million a year ago. Net loss was TWD 38.13 million compared to net income of TWD 31.86 million a year ago. Basic loss per share from continuing operations was TWD 0.38 compared to basic earnings per share from continuing operations of TWD 0.31 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.
ABOCOM SYSTEMS, INC. 
