Tbi Motion Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Tbi Motion Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 991.04 million compared to TWD 889.1 million a year ago. Net income was TWD 54.03 million compared to TWD 71.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.57 compared to TWD 0.76 a year ago. Diluted earnings per share from continuing operations was TWD 0.57 compared to TWD 0.76 a year ago.
For the six months, sales was TWD 1,775.01 million compared to TWD 1,533.96 million a year ago. Net income was TWD 151.87 million compared to TWD 80.66 million a year ago. Basic earnings per share from continuing operations was TWD 1.61 compared to TWD 0.86 a year ago. Diluted earnings per share from continuing operations was TWD 1.61 compared to TWD 0.85 a year ago.
TBI MOTION TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of ball screws, linear slides and ball splines. The Company's main products include ball screws, linear slides, ball splines, linear bearings, couplings and screw support seats. The Company distributes its products in domestic market and to overseas markets, such as the rest areas of Aisa, Europe and the Americas.