Tein, Inc. Announces Consolidated Earnings Results for the Second Quarter Period Ended September 2020
November 13, 2020 at 06:00 am
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Tein, Inc. announced consolidated earnings results for the second quarter period ended September 2020. For the period, the company's reported Net Sales were JPY 2,525 million compared to JPY 2,348 million for the same period a year ago. Operating profit was JPY 527 million compared to JPY 360 million for the same period a year ago. Profit attributable to owners of parent was JPY 423 million compared to JPY 226 million for the same period a year ago. Basic earnings per share was JPY 81.57 compared to JPY 43.51 for the same period a year ago.
TEIN, INC. is a Japan-based company primarily engaged in the development, manufacture and sale of automotive suspension products. The Company is engaged in the provision of genuine shape shock absorbers, shock absorbers for the street, shock absorbers for sports, electric damping force controllers, low-down springs, shock absorbers and springs for competition, standardized springs, made-to-order products and automatic piston rod inspection machines, as well as other products such as TEIN polyurethane bushes, reinforced tie rods, toe control arms, pillow ball upper mounts, bonnet dampers, repair parts and motorsport tents. The Company operates within the domestic market and to overseas markets, including North America, Europe, China and Thailand.
TEIN, INC. 
