Allis Electric Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 09:42 pm
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Allis Electric Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,270.968 million compared to TWD 1,349.836 million a year ago. Operating income was TWD 109.431 million compared to TWD 80.408 million a year ago. Net income was TWD 90.282 million compared to TWD 74.962 million a year ago. Basic earnings per share was TWD 0.44 compared to TWD 0.37 a year ago. For the half year, sales was TWD 2,482.923 million compared to TWD 2,456.139 million a year ago. Operating income was TWD 198.372 million compared to TWD 147.182 million a year ago. Net income was TWD 178.938 million compared to TWD 144.480 million a year ago. Basic earnings per share was TWD 0.87 compared to TWD 0.71 a year ago.
ALLIS ELECTRIC CO., LTD. is a Taiwan-based company principally engaged in manufacture of electronic products and electrical products. The Company develops four categories of products. Its switchboards products include closed type switchboards, high and low voltage switchboards, motor control centers and distribution boxes. Its transformer products include oil-immersed transformers, dry type transformers and cast resin transformers, among others. Its industrial and communication electronic products include chargers, photovoltaic inverters, uninterruptible power supply systems, switchable direct current power supplies and remote terminals. Its power transmission and distribution equipment products include section switches, vacuum breakers and vacuum switches, among others. The Company also provides the sales, engineering, installation and after-sale services of its products.
ALLIS ELECTRIC CO.,LTD. 
