Ace Pillar Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 05:50 pm EST
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Ace Pillar Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 668.073 million compared to TWD 922.737 million a year ago. Operating loss was TWD 43.393 million compared to operating Income of TWD 40.842 million a year ago. Net loss was TWD 48.707 million compared to net income of TWD 13.989 million a year ago. Basic loss per share was TWD 0.55 compared to basic earnings per share of TWD 0.16 a year ago. For the nine months, sales was TWD 2,243.011 million compared to TWD 2,861.750 million a year ago. Operating loss was TWD 25.079 million compared to operating Income of TWD 191.758 million a year ago. Net loss was TWD 32.028 million compared to net income of TWD 122.733 million a year ago. Basic loss per share was TWD 0.36 compared to basic earnings per share of TWD 1.38 a year ago. Diluted loss per share was TWD 0.36 compared to diluted earnings per share of TWD 1.37 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.
ACE PILLAR CO., LTD. 
