Tbi Motion Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 06, 2018 at 04:14 pm EST
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TBI Motion Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 891.174 million compared to TWD 768.253 million a year ago. Operating income was TWD 230.996 million compared to TWD 102.506 million a year ago. Net income was TWD 183.440 million compared to TWD 77.675 million a year ago. Basic earnings per share was TWD 2.01 compared to TWD 0.91 a year ago.
For the nine months, sales was TWD 2,612.509 million compared to TWD 1,909.704 million a year ago. Operating income was TWD 658.720 million compared to TWD 180.669 million a year ago. Net income was TWD 528.127 million compared to TWD 92.139 million a year ago. Basic earnings per share was TWD 6.05 compared to TWD 1.08 a year ago. Diluted earnings per share was TWD 6.04 compared to TWD 1.08 a year ago.
TBI MOTION TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of ball screws, linear slides and ball splines. The Company's main products include ball screws, linear slides, ball splines, linear bearings, couplings and screw support seats. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Aisa, Europe and the Americas.