Allis Electric Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 10:09 pm EDT
Share
Allis Electric Co.,Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 2,273.08 million compared to TWD 1,972.68 million a year ago. Net income was TWD 160.64 million compared to TWD 149.23 million a year ago. Basic earnings per share from continuing operations was TWD 0.6602 compared to TWD 0.6117 a year ago.
For the six months, sales was TWD 4,130.66 million compared to TWD 3,466.21 million a year ago. Net income was TWD 303.25 million compared to TWD 276.74 million a year ago. Basic earnings per share from continuing operations was TWD 1.2427 compared to TWD 1.1359 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. 
