TXC Corp. Announces Standalone Earnings Results for the Month and Year to Date Ended October 2012 and Consolidated Earnings Results for Year to Date Ended October 2012; Provides EPS Guidance for the Month Ended October 2012
November 14, 2012
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TXC Corp. announced standalone earnings results for the month and year to date ended October 2012 and consolidated earnings results for year to date ended October 2012. For the month, on standalone basis, the company announced self-calculated net sales of TWD 1,025.58 million, month over month increase of 4.4% and a year over year increase of 10.2%. The self -calculated income before tax, excluding employee profit sharing, is TWD 138.50 million, month over month increase of 28.0% and year over year increase of 3.8%.
For the year to date, on standalone basis, the company's accumulated net sales were TWD 8,971.06 million, an increase of 8.9% year on year basis. Overall, the accumulated net income before tax, till October 2012, excluding employee profit sharing, was TWD 1,178.85 million, year on year increase of 3.0% on basis.
For the year to date, on consolidated basis, the company reported net income before tax till end of October 2012 of TWD 1,076.89 million, a year over year increase of 2.4%.
For the month ended October 2012, the company's EPS before tax by self-calculated amount is expected to be TWD 3.53 in October 2012.
TXC Corp is a Taiwan-based company principally engaged in the research, development, design, manufacture and sale of frequency control components and sensing components. The Company mainly operates the quartz component business. The main products include frequency components such as quartz crystals, quartz crystal resonators and quartz crystal oscillators, as well as various sensing components. The products are mainly used in mobile communication devices, information and storage equipment, Internet of Things (IoT), telecommunications equipment, artificial intelligence, medical and automotive electronics markets. The Company operates within the domestic market and to overseas markets, including China mainland, the Americas and Europe.
TXC Corp. Announces Standalone Earnings Results for the Month and Year to Date Ended October 2012 and Consolidated Earnings Results for Year to Date Ended October 2012; Provides EPS Guidance for the Month Ended October 2012