TYC Brother Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 11:07 pm IST
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TYC Brother Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 4,423.474 million compared to TWD 4,081.403 million a year ago. Operating income was TWD 271.798 million compared to TWD 106.148 million a year ago. Net income was TWD 130.840 million compared to TWD 36.925 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.12 a year ago. For the nine months, total revenue was TWD 13,364.131 million compared to TWD 12,297.867 million a year ago. Operating income was TWD 826.932 million compared to TWD 512.413 million a year ago. Net income was TWD 587.580 million compared to TWD 504.115 million a year ago. Basic earnings per share was TWD 1.88 compared to TWD 1.62 a year ago. Diluted earnings per share was TWD 1.88 compared to TWD 1.61 a year ago.
T.Y.C BROTHER IND. CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of automobile parts. The Company provides automobile lamps, motorcycle lamps, automobile mirrors, air conditioning blowers, cooling fan assemblies, condensers, radars, starters, alternators, cabin air filters, window regulators and others. In addition, it provides energy saving lighting products. The Company mainly distributes its products to overseas markets, including the Americas, Europe, other Asian markets and others.