Ace Pillar Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 15, 2020 at 09:20 pm EDT
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Ace Pillar Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,915.755 million compared to TWD 3,666.125 million a year ago. Operating loss was TWD 73.586 million compared to operating Income of TWD 196.578 million a year ago. Net loss was TWD 73.817 million compared to net income of TWD 113.771 million a year ago. Basic loss per share was TWD 0.78 compared to basic earnings per share of TWD 1.28 a year ago. Diluted loss per share was TWD 0.78 compared to diluted earnings per share of TWD 1.27 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.