Ace Pillar Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 16, 2021 at 06:44 pm EDT
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Ace Pillar Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,754.448 million compared to TWD 2,915.755 million a year ago. Operating income was TWD 125.189 million compared to operating loss of TWD 73.586 million a year ago. Net income was TWD 87.180 million compared to net loss of TWD 73.817 million a year ago. Basic earnings per share from continuing operations was TWD 0.78 compared to basic loss per share from continuing operations of TWD 0.78 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.