TECO Electric & Machinery Co., Ltd. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017
August 11, 2017 at 03:50 am EDT
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TECO Electric & Machinery Co., Ltd. announced consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported operating revenues of TWD 13,073,245,000, net operating profit of TWD 1,009,304,000, income before income tax of TWD 1,389,862,000 and profit attributable to owners of the parent of TWD 1,090,613,000 or TWD 0.55 per primary share.
For the six months, the company reported operating revenues of TWD 24,989,428,000, net operating profit of TWD 1,907,960,000, income before income tax of TWD 2,233,771,000, net income of TWD 1,848,981,000 and profit attributable to owners of the parent of TWD 1,626,422,000 or TWD 0.82 per primary share.
TECO Electric Machinery Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of heavy electricity equipment and electronic control products. The Company operates through two business segments. The Heavy Electrical Equipment segment is engaged in the manufacture and sale of various motors, reducers, inverters and generators. The Home Appliances segment is engaged in the manufacture, installation and sale of various televisions and other video appliances, as well as air conditioners, refrigerators, washing machines and small household appliances. The Company is also engaged in the provision of power engineering services and power equipment, as well as electric vehicle products, fire pumps and other products. The Company operates within the domestic market and to overseas markets, including the Americas, Europe, Australia, Japan, Singapore, Indonesia and mainland China.
TECO ELECTRIC & MACHINERY CO., LTD. 
