Powercom Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 12:46 pm EST
Share
Powercom Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 313.953 million compared to TWD 261.598 million a year ago. Operating income was TWD 20.808 million compared to TWD 9.660 million a year ago. Net income was TWD 27.652 million compared to TWD 2.085 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.04 a year ago. For the nine months, sales was TWD 863.854 million compared to TWD 755.384 million a year ago. Operating income was TWD 86.131 million compared to TWD 2.838 million a year ago. Net income was TWD 93.727 million compared to net loss of TWD 3.049 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0 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.