Powercom Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 01:33 pm IST
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Powercom Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 392.81 million compared to TWD 363.94 million a year ago. Net loss was TWD 0.051 million compared to net income of TWD 30.85 million a year ago.
For the nine months, sales was TWD 1,149.8 million compared to TWD 875.32 million a year ago. Net income was TWD 67.66 million compared to TWD 91.2 million a year ago. Basic earnings per share from continuing operations was TWD 1.74 compared to TWD 2.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.74 compared to TWD 2.34 a year ago.
POWERCOM CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of uninterruptible power systems (UPSs) and solar modules products. The Companyâs primary products include the off-line UPSs, line-interactive UPSs, on-line UPSs, solar power generation modules and photovoltaic (PV) inverters. Its products are mainly used in computers, communication products, medical equipment and solar power generation systems. The Company is also involved in the design and construction of solar power generation plants and the provision of related maintenance services. The Company mainly exports its products to Asia, Europe and the Americas, including Japan, South Korea, Thailand, India, Italy, France, Spain, the United States of America (the USA),Canada and Mexico.