Y.C.C. Parts Mfg. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 04:37 am EST
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Y.C.C. Parts Mfg. Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 546.91 million compared to TWD 513.46 million a year ago. Net income was TWD 150.71 million compared to TWD 168.7 million a year ago. Basic earnings per share from continuing operations was TWD 2.03 compared to TWD 2.28 a year ago. Diluted earnings per share from continuing operations was TWD 2.03 compared to TWD 2.27 a year ago.
For the nine months, sales was TWD 1,505.21 million compared to TWD 1,518.69 million a year ago. Net income was TWD 336.87 million compared to TWD 423.61 million a year ago. Basic earnings per share from continuing operations was TWD 4.54 compared to TWD 5.71 a year ago. Diluted earnings per share from continuing operations was TWD 4.54 compared to TWD 5.69 a year ago.
Y.C.C. PARTS MFG. CO., LTD. is a Taiwan-based auto parts company. The Company is principally engaged in the original equipment manufacturer (OEM) manufacture and sales of automotive parts. The Company's main products include automotive parts and other parts. The Company is also involved in the surface treatment business and the industrial plastics manufacturing business. The Company distributes its products in domestic market and to overseas markets, including the Americas, the rest of Asia and others.