Ablerex Electronics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 09:40 pm
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Ablerex Electronics Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 526.927 million compared to TWD 525.138 million a year ago. Operating income was TWD 885,000 compared to operating loss of TWD 23.766 million a year ago. Net income was TWD 3.649 million compared to net loss of TWD 13.181 million a year ago. Basic earnings per share was TWD 0.08 compared to basic loss per share of TWD 0.29 a year ago.
Ablerex Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies and relevant products. The Company provides uninterruptible power supply (UPS) devices, active power filters (APFs), as well as photovoltaic (PV) inverters and others. The Company also involves in the provision of original innovative management (OIM)/original equipment manufacturer (OEM)/ original designed manufacturer (ODM) services, as well as the maintenance and technical services of its products. The Company distributes its products in Taiwan, Japan, Turkey, Italy, America, Germany, Singapore and others.