Topower Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 07:37 pm
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Topower Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 461.462 million compared to TWD 476.281 million a year ago. Operating income was TWD 67.472 million compared to TWD 81.898 million a year ago. Net income was TWD 44.099 million compared to TWD 73.682 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 1.14 a year ago. For the half year, total revenue was TWD 999.608 million compared to TWD 979.333 million a year ago. Operating income was TWD 164.092 million compared to TWD 180.360 million a year ago. Net income was TWD 133.136 million compared to TWD 159.362 million a year ago. Basic earnings per share was TWD 2.07 compared to TWD 2.47 a year ago. Diluted earnings per share was TWD 2.06 compared to TWD 2.47 a year ago.
Topower Co Ltd, formerly Topower Computer Ind. Co., Ltd., is a Taiwan-based company engaged in the research, development, design, manufacture and distribution of switching power supplies (SPSs). The Company provides power supplies, including power supplies for desktop computers and industrial power supplies; consumer electronics, including cooling fans, storage memories, speakers, earphones and others; automobile lamps, including headlights, tail lamps, corner lamps, fog lamps, reversing lights, brake lights and others, and light emitting diode (LED) illumination products, including LED light sets used for automobiles, as well as lamp lighting power supplies. It distributes its products primarily in Taiwan, the rest of Asia, Europe, the United States and Canada markets.
TOPOWER CO., LTD. 
