Ace Pillar Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 04, 2023 at 09:44 pm EDT
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Ace Pillar Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 800.14 million compared to TWD 948.3 million a year ago. Net income was TWD 1.38 million compared to TWD 39.22 million a year ago.
Basic earnings per share from continuing operations was TWD 0.01 compared to TWD 0.35 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to TWD 0.35 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.