Topower Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Topower Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 764.28 million compared to TWD 736.79 million a year ago. Revenue was TWD 756.79 million compared to TWD 728.64 million a year ago. Net loss was TWD 51.99 million compared to net income of TWD 88.95 million a year ago. Basic loss per share from continuing operations was TWD 0.81 compared to basic earnings per share from continuing operations of TWD 1.38 a year ago. Diluted loss per share from continuing operations was TWD 0.81 compared to diluted earnings per share from continuing operations of TWD 1.38 a year ago.
For the nine months, sales was TWD 2,224.75 million compared to TWD 1,745.91 million a year ago. Revenue was TWD 2,210.91 million compared to TWD 1,728.25 million a year ago. Net income was TWD 152.7 million compared to TWD 222.09 million a year ago. Basic earnings per share from continuing operations was TWD 2.37 compared to TWD 3.45 a year ago. Diluted earnings per share from continuing operations was TWD 2.37 compared to TWD 3.44 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. 