Tbi Motion Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 08:18 pm
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Tbi Motion Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 481.609 million compared to TWD 891.174 million a year ago. Operating loss was TWD 11.323 million compared to operating Income of TWD 230.996 million a year ago. Net loss was TWD 27.177 million compared to net income of TWD 183.440 million a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 2.01 a year ago. For the nine months, sales was TWD 1,572.056 million compared to TWD 2,612.509 million a year ago. Operating loss was TWD 13.851 million compared to operating Income of TWD 658.720 million a year ago. Net loss was TWD 24.581 million compared to net income of TWD 528.127 million a year ago. Basic loss per share was TWD 0.25 compared to basic earnings per share of TWD 6.05 a year ago. Diluted loss per share was TWD 0.25 compared to diluted earnings per share of TWD 6.04 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.