Powercom Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 14, 2022
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Powercom Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 305.77 million compared to TWD 257.1 million a year ago. Revenue was TWD 305.77 million compared to TWD 257.1 million a year ago. Net income was TWD 52.19 million compared to TWD 6.66 million a year ago. Basic earnings per share from continuing operations was TWD 1.35 compared to TWD 0.15 a year ago.
For the six months, sales was TWD 511.38 million compared to TWD 479.72 million a year ago. Revenue was TWD 511.38 million compared to TWD 479.72 million a year ago. Net income was TWD 118.8 million compared to TWD 4 million a year ago. Basic earnings per share from continuing operations was TWD 3.05 compared to TWD 0.1 a year ago.
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.