Compal Broadband Networks, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
Share
Compal Broadband Networks, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 674.47 million compared to TWD 733.79 million a year ago. Net loss was TWD 9.31 million compared to net income of TWD 17.47 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to basic earnings per share from continuing operations of TWD 0.26 a year ago.
For the six months, sales was TWD 1,424.74 million compared to TWD 1,491.07 million a year ago. Net loss was TWD 7.98 million compared to net income of TWD 13.98 million a year ago. Basic loss per share from continuing operations was TWD 0.12 compared to basic earnings per share from continuing operations of TWD 0.21 a year ago.
COMPAL BROADBAND NETWORKS, INC. is a Taiwan-based company mainly engaged in the research, development and sale of cable modem, digital set-top boxes and wireless broadband sharers and other communications products. The main products include data machine products, which are primarily applied for networking, home entertainment, home security and wireless accessories, as well as materials sales revenue and others. The Company mainly sells its products to Europe, Americas, Oceania and Asia.