Tbi Motion Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 24, 2020 at 12:22 pm EDT
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Tbi Motion Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,107.866 million compared to TWD 3,418.356 million a year ago. Operating loss was TWD 34.332 million compared to operating Income of TWD 768.922 million a year ago. Net loss was TWD 61.507 million compared to net income of TWD 621.535 million a year ago. Basic loss per share was TWD 0.64 compared to basic earnings per share of TWD 6.93 a year ago. Diluted loss per share was TWD 0.64 compared to diluted earnings per share of TWD 6.92 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.