TECO Electric & Machinery Co. Ltd. Reports Consolidated Earnings Results for the First Quarter Ended March 2018
May 14, 2018 at 05:24 am EDT
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TECO Electric & Machinery Co. Ltd. reported consolidated earnings results for the first quarter ended March 2018. For the quarter, the company reported operating revenues of TWD 12,155,711,000, net operating profit of TWD 907,354,000, Income before income tax of TWD 852,690,000, and net income of TWD 591,566,000. Total comprehensive benefit was TWD 1,195,487,000 and primary earnings per share was TWD 0.27.
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. 
