Irene Chen, Taipei; Steve Shen, DIGITIMES [Friday 31 October 2008]
Two Taiwan network-equipment makers - Accton Technology and Alpha Networks - have reported higher-than-expected earnings for the third quarter of this year buoyed by shipments of business-use network equipment, according to sources at the companies.
Accton saw its pre-tax profits surged to NT$239 million (US$7.29 million) in the third quarter, compared to NT$133 million in the second quarter and NT$68 million in the first quarter.
The pre-tax profits of NT$440 million for the first three quarters translate into an EPS (earnings per share) of NT$0.8 before taxes.
Alpha Networks posted after-tax profits of NT$506 million in the third quarter, up 58% sequentially and also up 28% on year. For the January-September period, its net profits totaled NT$948 million, or NT$2.12 per share.
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