Powertech Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
Share
Powertech Industrial Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 488.53 million compared to TWD 633.12 million a year ago. Net loss was TWD 67.15 million compared to TWD 34.6 million a year ago. Basic loss per share from continuing operations was TWD 0.69 compared to TWD 0.36 a year ago. Diluted loss per share from continuing operations was TWD 0.69 compared to TWD 0.36 a year ago. Basic loss per share was TWD 0.69 compared to TWD 0.36 a year ago. Diluted loss per share was TWD 0.69 compared to TWD 0.36 a year ago.
POWERTECH INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of power protectors. The Company provides electronic circuit power protectors, including line cord plug in products, wall plug products and power control centers, as well as smart household wireless remote control products, including lighting control products, wireless motion sensors and security remote systems. Its products are applied in the computers, communication products, consumer electronics, prevision electronic instruments, audio products, digital televisions, household electrical appliances and others. The Company mainly distributes its products to the United States, Australia and others.