Allis Electric Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 03:30 pm EDT
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Allis Electric Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 1,242.141 million compared to TWD 1,211.955 million a year ago. Operating income was TWD 107.307 million compared to TWD 88.941 million a year ago. Net income was TWD 96.192 million compared to TWD 88.656 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to TWD 0.41 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. 
