Topower Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Topower Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 462.07 million compared to TWD 764.28 million a year ago. Revenue was TWD 459.26 million compared to TWD 756.79 million a year ago. Net income was TWD 78.81 million compared to net loss of TWD 51.99 million a year ago. Basic earnings per share from continuing operations was TWD 1.22 compared to basic loss per share from continuing operations of TWD 0.81 a year ago. Diluted earnings per share from continuing operations was TWD 1.22 compared to diluted loss per share from continuing operations of TWD 0.81 a year ago. Basic earnings per share was TWD 1.22 compared to basic loss per share of TWD 0.81 a year ago. Diluted earnings per share was TWD 1.22 compared to diluted loss per share of TWD 0.81 a year ago.
For the nine months, sales was TWD 1,885.77 million compared to TWD 2,224.75 million a year ago. Revenue was TWD 1,873.83 million compared to TWD 2,210.91 million a year ago. Net income was TWD 304.07 million compared to TWD 152.7 million a year ago. Basic earnings per share from continuing operations was TWD 4.72 compared to TWD 2.37 a year ago. Diluted earnings per share from continuing operations was TWD 4.72 compared to TWD 2.37 a year ago. Basic earnings per share was TWD 4.72 compared to TWD 2.37 a year ago. Diluted earnings per share was TWD 4.72 compared to TWD 2.37 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. 
