TYC Brother Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 01:39 pm IST
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TYC Brother 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 4,668.96 million compared to TWD 4,123.15 million a year ago. Net income was TWD 297.91 million compared to TWD 6.02 million a year ago. Basic earnings per share from continuing operations was TWD 0.96 compared to TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.95 compared to TWD 0.02 a year ago.
For the nine months, sales was TWD 14,281.75 million compared to TWD 12,269.14 million a year ago. Net income was TWD 796.6 million compared to TWD 71.23 million a year ago. Basic earnings per share from continuing operations was TWD 2.48 compared to TWD 0.23 a year ago. Diluted earnings per share from continuing operations was TWD 2.47 compared to TWD 0.23 a year ago.
TYC Brother Industrial Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing, and distribution of automobile parts. The main products include headlights, mirrors, fans, radiators, condensers, blowers, lifts, and others. The main headlight products are used in various brands of automobile and motorcycle lighting. The Company also provides motorcycle parts, as well as parts for aircraft, ships, and other vehicles. The Company distributes products in Taiwan, China Mainland, Netherlands, United States, and other regions.