TYC Brother Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:19 am EDT
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TYC Brother Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 4,801.38 million compared to TWD 5,005.5 million a year ago. Net income was TWD 272.67 million compared to TWD 223.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.68 compared to TWD 0.64 a year ago. Diluted earnings per share from continuing operations was TWD 0.68 compared to TWD 0.64 a year ago.
For the six months, sales was TWD 9,511.31 million compared to TWD 9,612.79 million a year ago. Net income was TWD 474.16 million compared to TWD 498.69 million a year ago. Basic earnings per share from continuing operations was TWD 1.33 compared to TWD 1.52 a year ago. Diluted earnings per share from continuing operations was TWD 1.32 compared to TWD 1.52 a year ago.
T.Y.C BROTHER IND. CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of automobile parts. The Company provides automobile lamps, motorcycle lamps, automobile mirrors, air conditioning blowers, cooling fan assemblies, condensers, radars, starters, alternators, cabin air filters, window regulators and others. In addition, it provides energy saving lighting products. The Company mainly distributes its products to overseas markets, including the Americas, Europe, other Asian markets and others.