Powercom Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Powercom Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 363.94 million compared to TWD 263.97 million a year ago. Revenue was TWD 363.94 million compared to TWD 263.97 million a year ago. Net income was TWD 30.85 million compared to net loss of TWD 21.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to basic loss per share from continuing operations of TWD 0.55 a year ago. Basic earnings per share was TWD 0.8 compared to basic loss per share of TWD 0.55 a year ago.
For the nine months, sales was TWD 875.32 million compared to TWD 743.69 million a year ago. Revenue was TWD 875.32 million compared to TWD 743.69 million a year ago. Net income was TWD 91.2 million compared to net loss of TWD 17.75 million a year ago. Basic earnings per share from continuing operations was TWD 2.35 compared to basic loss per share from continuing operations of TWD 0.45 a year ago. Basic earnings per share was TWD 2.35 compared to basic loss per share of TWD 0.45 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.