Tung Thih Electronic Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 02:42 pm
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Tung Thih Electronic Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 1,639.403 million compared to TWD 1,582.430 million a year ago. Operating loss was TWD 134.027 million compared to TWD 176.803 million a year ago. Net loss was TWD 168.410 million compared to TWD 215.015 million a year ago. Basic loss per share was TWD 1.97 compared to TWD 2.51 a year ago. For the nine months, sales was TWD 5,023.452 million compared to TWD 5,357.793 million a year ago. Operating loss was TWD 394.790 million compared to TWD 68.943 million a year ago. Net loss was TWD 355.998 million compared to TWD 140.284 million a year ago. Basic loss per share was TWD 4.16 compared to TWD 1.64 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.