Powertech Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 08, 2020 at 08:48 pm
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Powertech Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 744.828 million compared to TWD 697.181 million a year ago. Operating income was TWD 35.862 million compared to TWD 33.541 million a year ago. Net income was TWD 7.118 million compared to net loss of TWD 2.702 million a year ago. Basic earnings per share from continuing operations was TWD 0.16 compared to TWD 0.03 a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.03 a year ago. For the nine months, sales was TWD 1,744.184 million compared to TWD 2,113.790 million a year ago. Operating income was TWD 18.960 million compared to TWD 75.326 million a year ago. Net income was TWD 7.178 million compared to TWD 27.464 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to TWD 0.44 a year ago. Basic earnings per share was TWD 0.07 compared to TWD 0.28 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.
POWERTECH INDUSTRIAL CO., LTD. 
