Tsang Yow Industrial Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 02:22 am
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Tsang Yow Industrial Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 499.11 million compared to TWD 470.11 million a year ago. Net income was TWD 44.9 million compared to net loss of TWD 1.59 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to basic loss per share from continuing operations of TWD 0.02 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to diluted loss per share from continuing operations of 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.