Tyc Brother Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 02:16 pm EST
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TYC Brother Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 3,824.258 million compared to TWD 4,423.474 million a year ago. Operating income was TWD 120.041 million compared to TWD 271.798 million a year ago. Net income was TWD 88.218 million compared to TWD 130.840 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.42 a year ago. For the nine months, total revenue was TWD 10,655.182 million compared to TWD 13,364.131 million a year ago. Operating income was TWD 220.257 million compared to TWD 826.932 million a year ago. Net income was TWD 144.263 million compared to TWD 587.580 million a year ago. Basic earnings per share was TWD 0.46 compared to TWD 1.88 a year ago.
T.Y.C BROTHER IND. CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of automobile parts. The Company provides automobile lamps, motorcycle lamps, automobile mirrors, air conditioning blowers, cooling fan assemblies, condensers, radars, starters, alternators, cabin air filters, window regulators and others. In addition, it provides energy saving lighting products. The Company mainly distributes its products to overseas markets, including the Americas, Europe, other Asian markets and others.