Ta Yih Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 08:11 am EST
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Ta Yih Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 993.544 million compared to TWD 1,270.294 million a year ago. Operating income was TWD 39.786 million compared to TWD 81.933 million a year ago. Net income was TWD 16.965 million compared to TWD 78.166 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 1.03 a year ago. For the nine months, sales was TWD 3,047.969 million compared to TWD 4,120.984 million a year ago. Operating income was TWD 68.592 million compared to TWD 360.100 million a year ago. Net income was TWD 98.555 million compared to TWD 309.340 million a year ago. Basic earnings per share was TWD 1.29 compared to TWD 4.06 a year ago. Diluted earnings per share was TWD 1.29 compared to TWD 4.05 a year ago.
TA YIH INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture, distribution, import and export trading of automobile parts, locomotive lamps and molds. The Company provides automobile lamps, motorcycle lamps, electrical components, lighting machines, industrial molds and relevant equipment. Its automobile lamps include room lamps, front fog lamps, head lamps, rear combination lamps, high mounted stop lamps, rear finishers, front turn signal lamps and others. It also provides search lights for helicopters, wing tip lights for aircrafts, lamp modules and others. The Company distributes its products in Taiwan, Japan, Mainland China and the United States.