Topower Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 02:19 pm
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Topower Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 476.281 million compared to TWD 415.021 million a year ago. Operating income was TWD 81.898 million compared to TWD 69.394 million a year ago. Net income was TWD 73.682 million compared to TWD 89.359 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 1.39 a year ago. For the half year, total revenue was TWD 979.333 million compared to TWD 798.998 million a year ago. Operating income was TWD 180.360 million compared to TWD 136.738 million a year ago. Net income was TWD 159.362 million compared to TWD 130.546 million a year ago. Basic earnings per share was TWD 2.47 compared to TWD 2.03 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. 
