Topower Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 05:33 am EDT
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Topower Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 412.91 million compared to TWD 678.19 million a year ago. Net loss was TWD 95.21 million compared to net income of TWD 100.56 million a year ago.
Basic loss per share from continuing operations was TWD 1.48 compared to basic earnings per share from continuing operations of TWD 1.56 a year ago. Diluted loss per share from continuing operations was TWD 1.48 compared to diluted earnings per share from continuing operations of TWD 1.56 a year ago.
Topower Co Ltd, formerly Topower Computer Ind. Co., Ltd., is a Taiwan-based company engaged in the research, development, design, manufacture and distribution of switching power supplies (SPSs). The Company provides power supplies, including power supplies for desktop computers and industrial power supplies; consumer electronics, including cooling fans, storage memories, speakers, earphones and others; automobile lamps, including headlights, tail lamps, corner lamps, fog lamps, reversing lights, brake lights and others, and light emitting diode (LED) illumination products, including LED light sets used for automobiles, as well as lamp lighting power supplies. It distributes its products primarily in Taiwan, the rest of Asia, Europe, the United States and Canada markets.
TOPOWER CO., LTD. 
