CyberTAN Technology Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:16 am EST
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CyberTAN Technology Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,244.04 million compared to TWD 1,900.63 million a year ago. Net loss was TWD 23.03 million compared to net income of TWD 52.25 million a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to basic earnings per share from continuing operations of TWD 0.16 a year ago. Diluted loss per share from continuing operations was TWD 0.07 compared to diluted earnings per share from continuing operations of TWD 0.16 a year ago.
For the nine months, sales was TWD 2,806.09 million compared to TWD 3,856.86 million a year ago. Net loss was TWD 245.18 million compared to TWD 143.6 million a year ago. Basic loss per share from continuing operations was TWD 0.75 compared to TWD 0.44 a year ago. Diluted loss per share from continuing operations was TWD 0.75 compared to TWD 0.44 a year ago.
CyberTAN Technology, Inc. is a Taiwan-based company principally engaged in the design, research, development, manufacture of communication products. The Companyâs primary products include Internet protocol (IP) digital set-top boxes, cable television (TV) digital set-top boxes, wired and wireless broadband network devices and wireless local area network devices, such as wireless network cards, wireless access point devices and routers, virtual private network (VPN) routers, wireless bridges, broadband cable routers, digital simulation language (DSL) routers and voice over Internet protocol (VOIP) gateways and routers. The Company mainly distributes its products in the Americas, Asia, Europe and others.