Tbi Motion Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 06, 2019 at 03:37 am IST
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TBI Motion Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 587.517 million compared to TWD 975.475 million a year ago. Operating loss was TWD 27.236 million compared to operating Income of TWD 261.459 million a year ago. Net loss was TWD 17.099 million compared to net income of TWD 224.605 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 2.63 a year ago. For the half year, sales was TWD 1,090.447 million compared to TWD 1,721.335 million a year ago. Operating loss was TWD 2.528 million compared to operating Income of TWD 427.724 million a year ago. Net income was TWD 2.596 million compared to TWD 344.687 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 4.04 a year ago.
TBI MOTION TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of ball screws, linear slides and ball splines. The Company's main products include ball screws, linear slides, ball splines, linear bearings, couplings and screw support seats. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Aisa, Europe and the Americas.