Powercom Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 02:36 pm EDT
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Powercom Co. Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 195.997 million compared to TWD 290.522 million a year ago. Operating loss was TWD 19.267 million compared to TWD 3.679 million a year ago. Net loss was TWD 2.636 million compared to TWD 269,000 a year ago. Basic loss per share was TWD 0.01.
POWERCOM CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of uninterruptible power systems (UPSs) and solar modules products. The Companyâs primary products include the off-line UPSs, line-interactive UPSs, on-line UPSs, solar power generation modules and photovoltaic (PV) inverters. Its products are mainly used in computers, communication products, medical equipment and solar power generation systems. The Company is also involved in the design and construction of solar power generation plants and the provision of related maintenance services. The Company mainly exports its products to Asia, Europe and the Americas, including Japan, South Korea, Thailand, India, Italy, France, Spain, the United States of America (the USA),Canada and Mexico.