Powertech Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022 at 07:14 am EDT
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Powertech Industrial 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 745.66 million compared to TWD 879.45 million a year ago. Net income was TWD 14.26 million compared to net loss of TWD 12.73 million a year ago. Basic earnings per share from continuing operations was TWD 0.15 compared to basic loss per share from continuing operations of TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.15 compared to diluted loss per share from continuing operations of TWD 0.13 a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 0.13 a year ago. Diluted earnings per share was TWD 0.15 compared to diluted loss per share of TWD 0.13 a year ago.
For the six months, sales was TWD 1,234.19 million compared to TWD 1,512.57 million a year ago. Net loss was TWD 52.89 million compared to TWD 47.32 million a year ago. Basic loss per share from continuing operations was TWD 0.55 compared to TWD 0.49 a year ago. Diluted loss per share from continuing operations was TWD 0.55 compared to TWD 0.49 a year ago. Basic loss per share was TWD 0.55 compared to TWD 0.49 a year ago. Diluted loss per share was TWD 0.55 compared to TWD 0.49 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.
POWERTECH INDUSTRIAL CO., LTD. 
