Tein, Inc. Announces Consolidated Earnings Results for the First Quarter Ended June 2021
August 06, 2021 at 12:30 pm IST
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Tein, Inc. announced consolidated earnings results for the first quarter ended June 2021. For the quarter, the company reported net sales of JPY 1,375 million against JPY 1,190 million a year ago. Operating profit was JPY 323 million against JPY 241 million a year ago. Profit attributable to owners of the parent was JPY 285 million against JPY 205 million a year ago. Basic net income per share was JPY 55.05 against JPY 39.62 a year ago.
TEIN, INC. is a Japan-based company primarily engaged in the development, manufacture and sale of automotive suspension products. The Company is engaged in the provision of genuine shape shock absorbers, shock absorbers for the street, shock absorbers for sports, electric damping force controllers, low-down springs, shock absorbers and springs for competition, standardized springs, made-to-order products and automatic piston rod inspection machines, as well as other products such as TEIN polyurethane bushes, reinforced tie rods, toe control arms, pillow ball upper mounts, bonnet dampers, repair parts and motorsport tents. The Company operates within the domestic market and to overseas markets, including North America, Europe, China and Thailand.
TEIN, INC. 
