Powertech Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 04:28 pm EDT
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Powertech Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 686.851 million compared to TWD 827.110 million a year ago. Operating income was TWD 33.300 million compared to TWD 37.863 million a year ago. Net income was TWD 48.407 million compared to TWD 42.862 million a year ago. Basic earnings per share was TWD 0.5 compared to TWD 0.44 a year ago. For the half year, sales was TWD 1,000.001 million compared to TWD 1,417.559 million a year ago. Operating loss was TWD 27.579 million compared to operating Income of TWD 31.423 million a year ago. Net income was TWD 60,000 compared to TWD 30.166 million a year ago. Basic eps was TWD 0 compared to TWD 0.31 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. 
