Edimax Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 08, 2019 at 02:43 pm
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EDIMAX Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 1,561.198 million compared to TWD 1,337.955 million a year ago. Operating income was TWD 50.338 million compared to of TWD 50.142 million a year ago. Net income was TWD 78.076 million compared to net loss of TWD 92.724 million a year ago. Basic earnings per share was TWD 0.42 compared to basic loss per share of TWD 0.5 a year ago.
EDIMAX TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of network communications products. The Companyâs principal products and services include consumptive communication equipment, telecom operatorsâ communication equipment and communication related services. The Company mainly sells its products under its own brands of EDIMAX and COMTREND. The Company mainly operates through three business segments: retailing business segment, telecom business segment and others segment. The Company mainly distributes its products in domestic market and overseas markets, including the rest of Asia, the Americas and Europe.