Allis Electric Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 05:45 pm EDT
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Allis Electric Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 4,819.154 million compared to TWD 4,276.436 million a year ago. Operating income was TWD 277.025 million compared to TWD 169.627 million a year ago. Net income was TWD 295.581 million compared to TWD 215.908 million a year ago. Basic earnings per share was TWD 1.44 compared to TWD 1.05 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.