Sanyang Motor Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 12, 2023 at 02:12 am EDT
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Sanyang Motor Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 15,334.07 million compared to TWD 11,158.25 million a year ago. Net income was TWD 1,351.89 million compared to TWD 987.48 million a year ago.
Basic earnings per share from continuing operations was TWD 1.71 compared to TWD 1.25 a year ago. Diluted earnings per share from continuing operations was TWD 1.71 compared to TWD 1.24 a year ago.
SANYANG MOTOR CO., LTD., formerly Sanyang Industry Co Ltd, is principally engaged in the manufacture and distribution of motor vehicles and spare parts. The Company provides scooters, including products of MIO, Tonik, GTS, RV, Fiddle, Symphony, VS, HD and Citycom series, among others; all terrain vehicles (ATVs), including Track Runner, Quad Lander and Quad Raider series, and automobiles, including products of PORTER, ELANTRA, and i35 GAS series, among others. It also provides electric bicycles and buses, as well as related parts and accessories. The Company distributes its products primarily in Taiwan, Europe, the Americas, Africa, Australia, Hong Kong, Macau, Japan and Southeast Asia.
SANYANG MOTOR CO., LTD.