Tung Thih Electronic Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 10, 2019 at 12:22 am IST
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Tung Thih Electronic Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,637.077 million compared to TWD 1,768.964 million a year ago. Operating loss was TWD 148.410 million compared to operating Income of TWD 48.726 million a year ago. Net loss was TWD 146.076 million compared to net income of TWD 297,000 a year ago. Basic loss per share was TWD 1.71 compared to Basic EPS of TWD 0 a year ago. For the half year, sales was TWD 3,384.049 million compared to TWD 3,775.363 million a year ago. Operating loss was TWD 260.763 million compared to operating Income of TWD 107.860 million a year ago. Net loss was TWD 187.588 million compared to net income of TWD 74.731 million a year ago. Basic loss per share was TWD 2.19 compared to basic earnings per share of TWD 0.87 a year ago.
Tung Thih Electronic Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile electronic products and components. The Company's products include ultrasonic car auxiliary systems, vehicle alarms, door locked actuators, multi-function display indoor rear-view mirror systems, vehicle imaging systems, wireless tire pressure detection systems and body control modules (BCMs). The Company distributes its products within domestic market and to overseas markets, including the rest of Asia, Americas and Europe.