Compal Broadband Networks, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:50 am
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Compal Broadband Networks, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 220.52 million compared to TWD 674.47 million a year ago. Net loss was TWD 81.29 million compared to TWD 9.31 million a year ago. Basic loss per share from continuing operations was TWD 1.21 compared to TWD 0.14 a year ago.
For the six months, sales was TWD 511.39 million compared to TWD 1,424.74 million a year ago. Net loss was TWD 144.07 million compared to TWD 7.98 million a year ago. Basic loss per share from continuing operations was TWD 2.14 compared to TWD 0.12 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.