Ace Pillar Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 05, 2021 at 12:56 am IST
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Ace Pillar Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 974.073 million compared to TWD 722.527 million a year ago. Operating income was TWD 55.235 million compared to TWD 34.211 million a year ago. Net income was TWD 41.247 million compared to TWD 22.380 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to TWD 0.2 a year ago. For the half year, sales was TWD 1,852.158 million compared to TWD 1,355.322 million a year ago. Operating income was TWD 117.132 million compared to TWD 50.775 million a year ago. Net income was TWD 90.446 million compared to TWD 33.157 million a year ago. Basic earnings per share from continuing operations was TWD 0.81 compared to TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.8 compared to TWD 0.3 a year ago.
ACE PILLAR CO., LTD is a Taiwan-based company principally engaged in the distribution of automatic mechatronics components. The Company operates in three business segments, including Taiwan segment, China Mainland segment and the Others segment. The Company provides frequency converters, including frequency converters and related components; automation drive and control systems, including general server motors and drivers, direct drive server motors and drivers, linear server motors and drivers; automation transmission series, including shaft joints, electromagnetic clutch brakes, limitators, decelerators, distribution plates, reducers, and speed-variators; controllers and monitoring systems, including programmable logic controllers (PLCs), computer numerical controllers (CNCs), human-machine interfaces (HMIs), as well as air compressors. The Company distributes its products within domestic market and to overseas markets.