Abocom Systems, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 03:59 pm EDT
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AboCom Systems, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,774.217 million compared to TWD 1,575.950 million a year ago. Operating loss was TWD 78.441 million compared to TWD 17.942 million a year ago. Net loss was TWD 94.762 million compared to TWD 26.620 million a year ago. Basic loss per share from continuing operations was TWD 0.93 compared to TWD 0.26 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. 
