Tachia Yung Ho Machine Industry Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 01:33 pm EST
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Tachia Yung Ho Machine Industry Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 307.410 million compared to TWD 304.995 million a year ago. Operating income was TWD 37.191 million compared to TWD 62.112 million a year ago. Net income was TWD 25.669 million compared to TWD 45.578 million a year ago. Basic earnings per share was TWD 0.61 compared to TWD 1.08 a year ago. Diluted earnings per share was TWD 0.61 compared to TWD 1.07 a year ago. For the nine months, total revenue was TWD 893.985 million compared to TWD 843.550 million a year ago. Operating income was TWD 120.451 million compared to TWD 144.980 million a year ago. Net income was TWD 89.736 million compared to TWD 113.154 million a year ago. Basic earnings per share was TWD 2.12 compared to TWD 2.67 a year ago. Diluted earnings per share was TWD 2.11 compared to TWD 2.66 a year ago.
Tachia Yung Ho Machine Industry Co., Ltd. is principally engaged in the manufacture and distribution of stainless steel welded pipe fittings and ultra-clean pipe fittings. The Companyâs stainless steel welded pipe fittings include seamed stainless steel welded pipe fittings and seamless stainless steel welded pipe fittings. The Company is also engaged in the manufacture and distribution of carbon steel butt-welded pipe fittings. Its pipe fittings include elbows, tees, reducers, caps and thin-walled pipes. The Company distributes its products in domestic market and to overseas markets, including Asia, Europe and the Americas, among others.