Thye Ming Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Thye Ming Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 2,091.25 million compared to TWD 2,227.55 million a year ago. Net income was TWD 218.93 million compared to TWD 196.34 million a year ago. Basic earnings per share from continuing operations was TWD 1.3625 compared to TWD 1.175 a year ago. Diluted earnings per share from continuing operations was TWD 1.35 compared to TWD 1.175 a year ago.
For the nine months, sales was TWD 6,545 million compared to TWD 6,302.83 million a year ago. Net income was TWD 575.81 million compared to TWD 186.92 million a year ago. Basic earnings per share from continuing operations was TWD 3.4875 compared to TWD 1.1125 a year ago. Diluted earnings per share from continuing operations was TWD 3.475 compared to TWD 1.1125 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. 
