Thye Ming Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 08:20 pm IST
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Thye Ming Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 2,464.551 million compared to TWD 2,911.051 million a year ago. Operating income was TWD 110.267 million compared to TWD 198.891 million a year ago. Net income was TWD 110.233 million compared to TWD 166.035 million a year ago. Basic earnings per share was TWD 0.53 compared to TWD 0.79 a year ago. For the half year, sales was TWD 4,581.775 million compared to TWD 5,524.831 million a year ago. Operating income was TWD 209.958 million compared to TWD 420.751 million a year ago. Net income was TWD 221.996 million compared to TWD 297.909 million a year ago. Basic earnings per share was TWD 1.06 compared to TWD 1.42 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.
THYE MING INDUSTRIAL CO., LTD. 
