Fortune Electric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 27, 2019 at 04:42 pm EDT
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Fortune Electric Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced total revenue was TWD 5,996.563 million compared to TWD 5,869.690 million a year ago. Operating income was TWD 13.147 million compared to TWD 156.783 million a year ago. Net income was TWD 60.082 million compared to TWD 92.764 million a year ago. Basic earnings per share was TWD 0.23 compared to TWD 0.36 a year ago. Diluted earnings per share was TWD 0.23 compared to TWD 0.35 a year ago.
FORTUNE ELECTRIC CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of transformers. The Company provides transformers, distribution boards, power distribution equipment and other electrical products. The Company's products are applied in electric power distribution and transmission. The Company is also engaged in the provision of electron mechanical project contracting services, as well as the sales of electricity through renewable energy. The Company distributes its products in domestic market and to overseas markets.
FORTUNE ELECTRIC CO., LTD. 
