Ablerex Electronics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 06:43 pm
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Ablerex Electronics Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 566.574 million compared to TWD 615.906 million a year ago. Operating income was TWD 30.523 million compared to TWD 13.449 million a year ago. Net income was TWD 21.761 million compared to TWD 17.797 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.4 a year ago. For the half year, sales was TWD 1,093.501 million compared to TWD 1,141.044 million a year ago. Operating income was TWD 31.408 million compared to operating loss of TWD 10.317 million a year ago. Net income was TWD 25.410 million compared to TWD 4.616 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.1 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.
ABLEREX ELECTRONICS CO., LTD. 
