Channel Well Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 04:13 pm EDT
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Channel Well Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 921.415 million compared to TWD 900.137 million a year ago. Operating income was TWD 87.898 million compared to TWD 33.369 million a year ago. Net income was TWD 89.136 million compared to TWD 62.360 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 0.27 a year ago.
Channel Well Technology Co., Ltd. is a Taiwan-based company principally engaged in the research, development, manufacture, processing and trading of power supplies. The Companyâs primary products include power supplies for consulting products and industrial devices, external power supplies, personal computer (PC) power, chargers and other power-related downstream products, as well as computers, communication and consumer electronic (3C) related products. Its products are mainly used in computer peripherals, network equipment, communication products, industrial equipment and consumer electronic products, among others. The Company mainly exports its products to Asia, the Americas, Europe and other markets.
CHANNEL WELL TECHNOLOGY CO.,LTD. 
