Compal Broadband Networks, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 05:12 pm
Share
Compal Broadband Networks, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 631.814 million compared to TWD 803.355 million a year ago. Operating loss was TWD 4.281 million compared to operating Income of TWD 1.433 million a year ago. Net income was TWD 3.863 million compared to TWD 12.602 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.19 a year ago. For the half year, sales was TWD 1,171.156 million compared to TWD 1,522.347 million a year ago. Operating loss was TWD 14.667 million compared to operating Income of TWD 2.364 million a year ago. Net income was TWD 4.091 million compared to TWD 18.562 million a year ago. Basic earnings per share was TWD 0.06 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.