Abocom Systems, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 03:16 pm EDT
Share
AboCom Systems, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 347.777 million compared to TWD 352.579 million a year ago. Operating loss was TWD 113.672 million compared to TWD 23.163 million a year ago. Net loss was TWD 109.460 million compared to TWD 21.896 million a year ago. Basic loss per share was TWD 1.08 compared to TWD 0.22 a year ago. For the half year, sales was TWD 741.973 million compared to TWD 628.258 million a year ago. Operating loss was TWD 113.464 million compared to TWD 56.070 million a year ago. Net loss was TWD 108.768 million compared to TWD 54.224 million a year ago. Basic loss per share was TWD 1.07 compared to TWD 0.53 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. 
