Ace Pillar Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
April 28, 2021
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Ace Pillar Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 878.085 million compared to TWD 632.795 million a year ago. Operating income was TWD 61.897 million compared to TWD 16.564 million a year ago. Net income was TWD 49.199 million compared to TWD 10.777 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 0.1 a year ago.
ACE PILLAR CO., LTD is a Taiwan-based company principally engaged in the distribution of automatic mechatronics components. The Company operates in three business segments, including Taiwan segment, China Mainland segment and the Others segment. The Company provides frequency converters, including frequency converters and related components; automation drive and control systems, including general server motors and drivers, direct drive server motors and drivers, linear server motors and drivers; automation transmission series, including shaft joints, electromagnetic clutch brakes, limitators, decelerators, distribution plates, reducers, and speed-variators; controllers and monitoring systems, including programmable logic controllers (PLCs), computer numerical controllers (CNCs), human-machine interfaces (HMIs), as well as air compressors. The Company distributes its products within domestic market and to overseas markets.