Allis Electric Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 04:30 pm EDT
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Allis Electric Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,211.955 million compared to TWD 1,106.303 million a year ago. Operating income was TWD 88.941 million compared to TWD 66.774 million a year ago. Net income was TWD 88.656 million compared to TWD 69.518 million a year ago. Basic earnings per share was TWD 0.43 compared to TWD 0.34 a year ago.
ALLIS ELECTRIC CO., LTD. is a Taiwan-based company principally engaged in manufacture of electronic products and electrical products. The Company develops four categories of products. Its switchboards products include closed type switchboards, high and low voltage switchboards, motor control centers and distribution boxes. Its transformer products include oil-immersed transformers, dry type transformers and cast resin transformers, among others. Its industrial and communication electronic products include chargers, photovoltaic inverters, uninterruptible power supply systems, switchable direct current power supplies and remote terminals. Its power transmission and distribution equipment products include section switches, vacuum breakers and vacuum switches, among others. The Company also provides the sales, engineering, installation and after-sale services of its products.
ALLIS ELECTRIC CO.,LTD. 
