Thye Ming Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 12, 2019 at 09:52 am EDT
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Thye Ming Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 2,117.224 million compared to TWD 2,613.780 million a year ago. Operating income was TWD 99.691 million compared to TWD 221.860 million a year ago. Net income was TWD 111.763 million compared to TWD 131.874 million a year ago. Basic earnings per share was TWD 0.53 compared to TWD 0.63 a year ago.
Thye Ming Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and trading of lead alloys and lead ingots. The Company provides lead alloys, soft leads, lead oxide yellow, lead oxide red and others. The lead alloy products mainly include lead-antimony alloys which are applied in storage batteries, cable leads and others, as well as lead-calcium alloys which are applied in non condensing lead-calcium batteries. The lead oxide yellow and lead oxide red are applied in kinescopes, lead glasses, paints, crystals, optical glasses, storage batteries and others. In addition, the Company provides waste disposing services. The Company distributes its products in the domestic market and to overseas markets, including Vietnam, Malaysia, Japan, Indonesia, Thailand and other markets.
THYE MING INDUSTRIAL CO., LTD. 
