TECO Electric & Machinery Co., Ltd. Provides Consolidated Sales Guidance for the Full Year of 2018
August 22, 2018 at 10:57 pm EDT
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TECO Electric & Machinery Co., Ltd. provided consolidated sales guidance for the full year of 2018. The company is expected that its consolidated sales will grow by 10% this year, with a total of TWD 51 billion.
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.