Tsang Yow Industrial Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Tsang Yow 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 437.35 million compared to TWD 453.79 million a year ago. Net income was TWD 47.94 million compared to TWD 10.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to TWD 0.1 a year ago. Diluted earnings per share from continuing operations was TWD 0.47 compared to TWD 0.1 a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.1 a year ago. Diluted earnings per share was TWD 0.47 compared to TWD 0.1 a year ago.
For the nine months, sales was TWD 1,401.78 million compared to TWD 1,354.51 million a year ago. Net income was TWD 137.99 million compared to TWD 2.21 million a year ago. Basic earnings per share from continuing operations was TWD 1.35 compared to TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 1.34 compared to TWD 0.02 a year ago. Basic earnings per share was TWD 1.35 compared to TWD 0.02 a year ago. Diluted earnings per share was TWD 1.34 compared to TWD 0.02 a year ago.
TSANG YOW INDUSTRIAL CO.,LTD. is a Taiwan-based company principally engaged in the manufacture, wholesale and retail of automotive parts and components. The Company's main products include automotive automatic transmission components, heavy truck clutch components, industrial machinery components and others. The Company distributes its products in domestic market and to overseas markets, such as the Americas, the rest areas of Asia and Europe.