Sunonwealth Electric Machine Industry Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 01:50 pm EDT
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Sunonwealth Electric Machine Industry Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 2,247.967 million compared to TWD 2,438.424 million a year ago. Operating income was TWD 85.160 million compared to TWD 65.964 million a year ago. Net income was TWD 96.706 million compared to TWD 49.034 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.2 a year ago. Diluted earnings per share was TWD 0.38 compared to TWD 0.2 a year ago.
Sunonwealth Electric Machine Industry Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of direct current (DC) brushless fans, thermal modules and blowers, as well as alternative current (AC) brushless fans and related products. The Company also provides heat pipe thermal modules, millimeter fans and fan tray products. Its products are applied in computers, computer peripheral products, consumer electronic products, network communication products, automobile electronics, as well as industrial and commercial equipment. The Company distributes its products mainly in Asia, Europe and the Americas.
SUNONWEALTH ELECTRIC MACHINE INDUSTRY CO., LTD. 
