Thye Ming Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 19, 2020 at 11:28 am EDT
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Thye Ming Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 9,840.519 million compared to TWD 10,590.555 million a year ago. Net income was TWD 511.903 million compared to TWD 365.438 million a year ago. Basic earnings per share was TWD 2.45 compared to TWD 1.75 a year ago. Diluted earnings per share was TWD 2.44 compared to TWD 1.75 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.