Topower Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 02:36 pm
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Topower Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,951.359 million compared to TWD 1,781.341 million a year ago. Operating income was TWD 341.400 million compared to TWD 317.411 million a year ago. Net income was TWD 269.695 million compared to TWD 288.515 million a year ago. Basic earnings per share was TWD 4.19 compared to TWD 4.48 a year ago. Diluted earnings per share was TWD 4.18 compared to TWD 4.47 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.