Ace Pillar Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 04, 2020 at 05:40 pm EDT
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Ace Pillar Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 722.527 million compared to TWD 832.993 million a year ago. Operating income was TWD 34.211 million compared to TWD 7.949 million a year ago. Net income was TWD 22.380 million compared to net loss of TWD 5.921 million a year ago. Basic earnings per share was TWD 0.2 compared to basic loss per share of TWD 0.07 a year ago. For the half year, sales was TWD 1,355.322 million compared to TWD 1,574.938 million a year ago. Operating income was TWD 50.775 million compared to TWD 18.314 million a year ago. Net income was TWD 33.157 million compared to TWD 16.679 million a year ago. Basic earnings per share was TWD 0.3 compared to TWD 0.19 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. 
