Ablerex Electronics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020 at 12:23 pm EST
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Ablerex Electronics Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 601.444 million compared to TWD 710.043 million a year ago. Operating income was TWD 10.598 million compared to TWD 26.769 million a year ago. Net income was TWD 5.371 million compared to TWD 30.032 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.67 a year ago. For the nine months, sales was TWD 1,694.945 million compared to TWD 1,851.087 million a year ago. Operating income was TWD 42.006 million compared to TWD 16.452 million a year ago. Net income was TWD 30.781 million compared to TWD 34.648 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 0.77 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.
ABLEREX ELECTRONICS CO., LTD. 
