Tung Thih Electronic Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 03:25 pm EDT
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Tung Thih Electronic Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 1,746.972 million compared to TWD 2,006.399 million a year ago. Operating loss was TWD 112.353 million compared to operating Income of TWD 59.134 million a year ago. Net loss was TWD 41.512 million compared to net income of TWD 74.434 million a year ago. Basic loss per share was TWD 0.48 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.