Ace Pillar Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
April 29, 2020 at 06:24 pm EDT
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Ace Pillar Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 632.795 million compared to TWD 741.945 million a year ago. Operating income was TWD 16.564 million compared to TWD 10.365 million a year ago. Net income was TWD 10.777 million compared to TWD 22.600 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.25 a year ago.
ACE PILLAR CO., LTD is a Taiwan-based company principally engaged in the distribution of automatic mechatronics components. The Company operates in three business segments, including Taiwan segment, China Mainland segment and the Others segment. The Company provides frequency converters, including frequency converters and related components; automation drive and control systems, including general server motors and drivers, direct drive server motors and drivers, linear server motors and drivers; automation transmission series, including shaft joints, electromagnetic clutch brakes, limitators, decelerators, distribution plates, reducers, and speed-variators; controllers and monitoring systems, including programmable logic controllers (PLCs), computer numerical controllers (CNCs), human-machine interfaces (HMIs), as well as air compressors. The Company distributes its products within domestic market and to overseas markets.
ACE PILLAR CO., LTD. 
