Compal Broadband Networks, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 03:49 pm EST
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Compal Broadband Networks, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 777.609 million compared to TWD 760.639 million a year ago. Operating income was TWD 21.166 million compared to TWD 5.424 million a year ago. Net income was TWD 26.340 million compared to TWD 442,000 a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.01 a year ago. For the nine months, sales was TWD 1,948.765 million compared to TWD 2,282.986 million a year ago. Operating income was TWD 6.499 million compared to TWD 7.788 million a year ago. Net income was TWD 30.431 million compared to TWD 19.004 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 0.28 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.
COMPAL BROADBAND NETWORKS, INC. 
