TECO Electric & Machinery Co. Ltd. Reports Consolidated Unaudited Earnings Results for the First Quarter Ended March 2017
May 12, 2017 at 05:50 am EDT
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TECO Electric & Machinery Co. Ltd. reported consolidated unaudited earnings results for the first quarter ended March 2017. For the quarter, the company reported operating revenues of TWD 11,916,183,000, net operating profit of TWD 898,656,000, income before income tax of TWD 843,909,000, and net income of TWD 635,037,000. Profit attributable to owners of the parent was TWD 535,809,000 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. 
