Powertech Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021 at 07:34 pm EDT
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Powertech Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 633.121 million compared to TWD 312.598 million a year ago. Operating loss was TWD 55.348 million compared to TWD 55.262 million a year ago. Net loss was TWD 34.597 million compared to TWD 48.347 million a year ago. Basic loss per share was TWD 0.36 compared to TWD 0.49 a year ago. Basic loss per share from continuing operations was TWD 0.36 compared to TWD 0.44 a year ago.
POWERTECH INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power protectors. The Company provides electronic circuit power protectors, including line cord plug in products, wall plug products and power control centers, as well as smart household wireless remote control products, including lighting control products, wireless motion sensors and security remote systems. Its products are applied in the computers, communication products, consumer electronics, prevision electronic instruments, audio products, digital televisions, household electrical appliances and others. The Company mainly distributes its products to the United States, Australia and others.