Tbi Motion Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021
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TBI MOTION Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 889.103 million compared to TWD 698.945 million a year ago. Operating income was TWD 111.359 million compared to TWD 49.266 million a year ago. Net income was TWD 71.568 million compared to TWD 23.404 million a year ago. Basic earnings per share was TWD 0.76 compared to TWD 0.24 a year ago. For the half year, sales was TWD 1,533.961 million compared to TWD 1,242.604 million a year ago. Operating income was TWD 135.148 million compared to TWD 41.137 million a year ago. Net income was TWD 80.656 million compared to TWD 8.893 million a year ago. Basic earnings per share was TWD 0.86 compared to TWD 0.09 a year ago. Diluted earnings per share was TWD 0.85 compared to TWD 0.09 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.