Ablerex Electronics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 01:33 am EST
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Ablerex Electronics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 612.21 million compared to TWD 718.23 million a year ago. Net income was TWD 13.35 million compared to TWD 22.04 million a year ago. Basic earnings per share from continuing operations was TWD 0.3 compared to TWD 0.49 a year ago. Diluted earnings per share from continuing operations was TWD 0.3 compared to TWD 0.49 a year ago.
For the nine months, sales was TWD 1,974.97 million compared to TWD 1,914.45 million a year ago. Net income was TWD 53.33 million compared to TWD 38.38 million a year ago. Basic earnings per share from continuing operations was TWD 1.19 compared to TWD 0.85 a year ago. Diluted earnings per share from continuing operations was TWD 1.18 compared to TWD 0.85 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. 
