Topower Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022
March 27, 2023 at 05:46 am EDT
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Topower Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was TWD 2,243.95 million compared to TWD 2,918.17 million a year ago. Net income was TWD 318.76 million compared to TWD 230.5 million a year ago.
Basic earnings per share from continuing operations was TWD 4.95 compared to TWD 3.58 a year ago. Diluted earnings per share from continuing operations was TWD 4.94 compared to TWD 3.58 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.