Teco Electric & Machinery Co., Ltd. Announces Unaudited Consolidated Revenue Results for the Month and Year to Date Ended May 2024
June 12, 2024 at 01:08 pm
Share
TECO Electric Machinery Co Ltd. announced unaudited consolidated revenue results for the month and year to date ended May 2024. The monthly consolidated revenue was TWD 4.87 billion for May 2024, down 4.64% year on year.
The cumulative revenue in year 2024 was TWD 23.38 billion, down 4.27% year on year, which was the second highest for the same period in the past 14 years.
TECO Electric Machinery Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of heavy electricity equipment and electronic control products. The Company operates through two business segments. The Heavy Electrical Equipment segment is engaged in the manufacture and sale of various motors, reducers, inverters and generators. The Home Appliances segment is engaged in the manufacture, installation and sale of various televisions and other video appliances, as well as air conditioners, refrigerators, washing machines and small household appliances. The Company is also engaged in the provision of power engineering services and power equipment, as well as electric vehicle products, fire pumps and other products. The Company operates within the domestic market and to overseas markets, including the Americas, Europe, Australia, Japan, Singapore, Indonesia and mainland China.
TECO ELECTRIC & MACHINERY CO., LTD. 
