Thye Ming Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 05:09 am IST
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Thye Ming Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 2,217.54 million compared to TWD 2,091.25 million a year ago. Net income was TWD 156.04 million compared to TWD 218.93 million a year ago. Basic earnings per share from continuing operations was TWD 0.93 compared to TWD 1.3625 a year ago. Diluted earnings per share from continuing operations was TWD 0.93 compared to TWD 1.35 a year ago.
For the nine months, sales was TWD 7,235.84 million compared to TWD 6,545 million a year ago. Net income was TWD 530.92 million compared to TWD 575.81 million a year ago. Basic earnings per share from continuing operations was TWD 3.17 compared to TWD 3.4875 a year ago. Diluted earnings per share from continuing operations was TWD 3.17 compared to TWD 3.475 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. 