TECO Electric & Machinery Co., Ltd. Announces Standalone and Consolidated Earnings Results for the Year of 2017
March 26, 2018 at 06:54 am EDT
Share
TECO Electric & Machinery Co., Ltd. announced standalone and consolidated earnings results for the year of 2017. For the year, on standalone basis, the company reported sales revenue of TWD 21,301,208,000, operating profit of TWD 1,507,068,000, profit before income tax of TWD 3,304,468,000, profit for the period of TWD 3,092,358,000 or TWD 1.56 per basic share.
For the year, on consolidated basis, the company reported sales revenue of TWD 50,942,521,000, operating profit of TWD 3,496,200,000, profit before income tax of TWD 4,353,904,000, profit for the period of TWD 3,544,248,000 or TWD 1.56 per basic share. Comprehensive income to owners of the parent TWD 3,903,915,000.
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. 
