Tong Yang Industry Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 02:06 am IST
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Tong Yang Industry Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 4,795.964 million compared to TWD 5,309.893 million a year ago. Operating income was TWD 426.331 million compared to TWD 537.357 million a year ago. Net income was TWD 375.247 million compared to TWD 500.178 million a year ago. Basic earnings per share was TWD 0.63 compared to TWD 0.85 a year ago.
Tong Yang Industry Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of automobile and motorcycle spare parts. The Company operates through two segments. The Automobile Assembly Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for automobile assembly market. The Repair and Maintenance Market segment is engaged in the manufacture and sale of automobile and motorcycle spare parts for repair and maintenance market. The main products include bumpers, headers, instrument boards, engine covers, fenders and fans. The Company operates within the domestic market and to overseas markets, including China mainland, the United States and other countries.
TONG YANG INDUSTRY CO., LTD. 
