Ablerex Electronics Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 03:28 pm EDT
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Ablerex Electronics Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 688.39 million compared to TWD 534.32 million a year ago. Net income was TWD 32.59 million compared to TWD 9.89 million a year ago. Basic earnings per share from continuing operations was TWD 0.73 compared to TWD 0.22 a year ago. Diluted earnings per share from continuing operations was TWD 0.73 compared to TWD 0.22 a year ago.
For the six months, sales was TWD 1,362.76 million compared to TWD 1,196.23 million a year ago. Net income was TWD 39.98 million compared to TWD 16.34 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to TWD 0.36 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to TWD 0.36 a year ago.
Ablerex Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies and relevant products. The Company provides uninterruptible power supply (UPS) devices, active power filters (APFs), as well as photovoltaic (PV) inverters and others. The Company also involves in the provision of original innovative management (OIM)/original equipment manufacturer (OEM)/ original designed manufacturer (ODM) services, as well as the maintenance and technical services of its products. The Company distributes its products in Taiwan, Japan, Turkey, Italy, America, Germany, Singapore and others.