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Tongtai (TWSE: 4526) 2019 Q3 BOD Press Release

TONGTAI MACHINE & TOOL CO., LTD. (TWSE: 4526) held a meeting of the Board of Directors on November 7, 2019 and reported its consolidated financial statements for the nine months ended September 30, 2019.  Net consolidated revenues for the nine months ended September 30, 2019 was NT$8,132,921 thousand representing a 2.6% decrease year over year.  Net income attributable to shareholders of the parent for the nine months ended September 30, 2019 was NT$123,804 thousand representing a decline of 43.2% year over year.  Overall, basic EPS for the nine months ended September 30, 2019 was NT$0.49, a decreased of NT$0.37 year over year, primarily the result of the devaluation of the Chinese Renminbi (RMB) and the result of the decreasing profit from investees.

For more information, please contact us:
Spokesperson 
Lulu Yen                                   
Spokesperson & Assistant to Chairman       
TEL:+886-7-976-1588                          
Email: yenlu@tongtai.com.tw

Deputy Spokesperson 
Zheng
Manager 
TEL:+886-7-976-1588   
Email: fix@tongtai.com.tw

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