Y.C.C. Parts Mfg. Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 13, 2020 at 03:31 am IST
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Y.C.C. Parts Mfg. Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 607.721 million compared to TWD 633.722 million a year ago. Operating income was TWD 105.307 million compared to TWD 107.906 million a year ago. Net income was TWD 38.635 million compared to TWD 78.864 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 1.06 a year ago. For the nine months, sales was TWD 1,529.939 million compared to TWD 1,931.099 million a year ago. Operating income was TWD 237.752 million compared to TWD 321.810 million a year ago. Net income was TWD 88.199 million compared to TWD 352.019 million a year ago. Basic earnings per share was TWD 1.19 compared to TWD 4.75 a year ago. Diluted earnings per share was TWD 1.19 compared to TWD 4.74 a year ago.
Y.C.C. PARTS MFG. CO., LTD. is a Taiwan-based auto parts company. The Company is principally engaged in the original equipment manufacturer (OEM) manufacture and sales of automotive parts. The Company's main products include automotive parts and other parts. The Company is also involved in the surface treatment business and the industrial plastics manufacturing business. The Company distributes its products in domestic market and to overseas markets, including the Americas, the rest of Asia and others.