Topower Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 11:08 pm IST
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Topower Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 736.810 million compared to TWD 457.145 million a year ago. Operating income was TWD 129.527 million compared to TWD 77.630 million a year ago. Net income was TWD 88.951 million compared to TWD 65.036 million a year ago. Basic earnings per share was TWD 1.38 compared to TWD 1.01 a year ago. For the nine months, sales was TWD 1,746.080 million compared to TWD 1,444.336 million a year ago. Operating income was TWD 293.619 million compared to TWD 257.990 million a year ago. Net income was TWD 222.087 million compared to TWD 224.398 million a year ago. Basic earnings per share was TWD 3.45 compared to TWD 3.48 a year ago. Diluted earnings per share was TWD 3.44 compared to TWD 3.48 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. 