Tong Yang Industry Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023
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Tong Yang Industry Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 6,154.07 million compared to TWD 5,526.95 million a year ago. Net income was TWD 974.31 million compared to TWD 699.27 million a year ago. Basic earnings per share from continuing operations was TWD 1.65 compared to TWD 1.19 a year ago. Diluted earnings per share from continuing operations was TWD 1.65 compared to TWD 1.19 a year ago.
For the nine months, sales was TWD 17,303.53 million compared to TWD 15,970.08 million a year ago. Net income was TWD 2,222.66 million compared to TWD 1,807.73 million a year ago. Basic earnings per share from continuing operations was TWD 3.76 compared to TWD 3.06 a year ago. Diluted earnings per share from continuing operations was TWD 3.76 compared to TWD 3.06 a year ago.
Tong Yang Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of automobile and motorcycle spare parts. The Company operates through two segments. The Automobile Assembly Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for automobile assembly market. The Repair and Maintenance Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for repair and maintenance market. The main products include bumpers, headers, instrument boards, engine covers, fenders and fans. The Company operates within the domestic market and to overseas markets, including China mainland, the United States and other countries.
TONG YANG INDUSTRY CO., LTD. 
