Tyc Brother Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 03:32 pm EST
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TYC Brother Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 4,081.403 million compared to TWD 3,986.183 million a year ago. Operating income was TWD 106.148 million compared to TWD 56.564 million a year ago. Net income was TWD 36.925 million compared to TWD 158.531 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.51 a year ago.
For the nine months, sales was TWD 12,297.867 million compared to TWD 12,078.978 million a year ago. Operating income was TWD 512.413 million compared to TWD 469.555 million a year ago. Net income was TWD 504.115 million compared to TWD 631.384 million a year ago. Basic earnings per share was TWD 1.62 compared to TWD 2.02 a year ago. Diluted earnings per share was TWD 1.61 compared to TWD 2.02 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.