Thye Ming Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 23, 2021 at 03:20 am IST
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Thye Ming Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 8,536.948 million compared to TWD 9,840.519 million a year ago. Operating income was TWD 477.851 million compared to TWD 589.784 million a year ago. Net income was TWD 351.574 million compared to TWD 511.903 million a year ago. Basic earnings per share was TWD 1.68 compared to TWD 2.45 a year ago. Diluted earnings per share was TWD 1.68 compared to TWD 2.44 a year ago.
Thye Ming Industrial Co., Ltd is a Taiwan-based company principally engaged in the manufacturing, processing and trading of lead alloys and lead ingots. The Company provides lead alloys, soft leads, lead oxide yellow, lead oxide red and others. The lead alloy products mainly include lead-antimony alloys which are applied in storage batteries, cable leads and others, as well as lead-calcium alloys which are applied in non condensing lead-calcium batteries. The lead oxide yellow and lead oxide red are applied in kinescopes, lead glasses, paints, crystals, optical glasses, storage batteries and others. In addition, the Company provides waste disposing services. The Company distributes its products in the domestic market and to overseas markets, including Vietnam, Malaysia, Japan, Indonesia, Thailand and other markets.