Ablerex Electronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 22, 2021 at 03:52 pm EDT
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Ablerex Electronics Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,361.923 million compared to TWD 2,462.390 million a year ago. Operating income was TWD 52.953 million compared to TWD 25.864 million a year ago. Net income was TWD 41.917 million compared to TWD 39.500 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 0.88 a year ago.
Ablerex Electronics Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of power supplies and relevant products. The Company provides uninterruptible power supply (UPS) devices, active power filters (APFs), as well as photovoltaic (PV) inverters and others. The Company also involves in the provision of original innovative management (OIM)/original equipment manufacturer (OEM)/ original designed manufacturer (ODM) services, as well as the maintenance and technical services of its products. The Company distributes its products in Taiwan, Japan, Turkey, Italy, America, Germany, Singapore and others.