Powercom Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 05:14 pm
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Powercom Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 274.748 million compared to TWD 313.953 million a year ago. Operating income was TWD 10.015 million compared to TWD 20.808 million a year ago. Net income was TWD 5.271 million compared to TWD 27.652 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.14 a year ago. For the nine months, total revenue was TWD 761.537 million compared to TWD 863.854 million a year ago. Operating loss was TWD 10.333 million compared to operating Income of TWD 86.131 million a year ago. Net loss was TWD 12.435 million compared to net income of TWD 93.727 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.48 a year ago.
POWERCOM CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of uninterruptible power systems (UPSs) and solar modules products. The Companyâs primary products include the off-line UPSs, line-interactive UPSs, on-line UPSs, solar power generation modules and photovoltaic (PV) inverters. Its products are mainly used in computers, communication products, medical equipment and solar power generation systems. The Company is also involved in the design and construction of solar power generation plants and the provision of related maintenance services. The Company mainly exports its products to Asia, Europe and the Americas, including Japan, South Korea, Thailand, India, Italy, France, Spain, the United States of America (the USA),Canada and Mexico.
POWERCOM CO., LTD 
