Allis Electric Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 08:51 pm
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Allis Electric Co.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,369.749 million compared to TWD 1,270.968 million a year ago. Operating income was TWD 88.011 million compared to TWD 109.431 million a year ago. Net income was TWD 85.669 million compared to TWD 90.282 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.42 a year ago. For the half year, sales was TWD 2,611.890 million compared to TWD 2,482.923 million a year ago. Operating income was TWD 195.318 million compared to TWD 198.372 million a year ago. Net income was TWD 181.861 million compared to TWD 178.938 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 0.83 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.