Compal Broadband Networks, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:04 am
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Compal Broadband Networks, 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 333.9 million compared to TWD 642.37 million a year ago. Net loss was TWD 61.24 million compared to net income of TWD 11.28 million a year ago. Basic loss per share from continuing operations was TWD 0.91 compared to basic earnings per share from continuing operations of TWD 0.17 a year ago.
For the nine months, sales was TWD 845.29 million compared to TWD 2,067.11 million a year ago. Net loss was TWD 205.3 million compared to net income of TWD 3.31 million a year ago. Basic loss per share from continuing operations was TWD 3.05 compared to basic earnings per share from continuing operations of TWD 0.05 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. 
