TECO Electric & Machinery Co., Ltd.

Taiwan Stock Exchange 1504.TW

TECO Electric & Machinery Co., Ltd. Gross Profit for the year ending December 31, 2023: USD 486.74 M

TECO Electric & Machinery Co., Ltd. Gross Profit is USD 486.74 M for the year ending December 31, 2023, a 13.16% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • TECO Electric & Machinery Co., Ltd. Gross Profit for the year ending December 31, 2022 was USD 430.12 M, a -6.44% change year over year.
  • TECO Electric & Machinery Co., Ltd. Gross Profit for the year ending December 31, 2021 was USD 459.74 M, a 20.21% change year over year.
  • TECO Electric & Machinery Co., Ltd. Gross Profit for the year ending December 31, 2020 was USD 382.45 M, a -0.35% change year over year.
  • TECO Electric & Machinery Co., Ltd. Gross Profit for the year ending December 31, 2019 was USD 383.80 M, a -2.62% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
Market news
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Taiwan Stock Exchange: 1504.TW

TECO Electric & Machinery Co., Ltd.

CEO Mr. Thomas Fann
IPO Date Jan. 4, 2000
Location Taiwan
Headquarters No. 19-9, San Chong Road
Employees 14,000
Sector Industrials
Industries
Description

TECO Electric & Machinery Co., Ltd. engages in the manufacture, installation, wholesale, and retail of electronic equipment, telecommunication equipment, office equipment, and home appliances worldwide. It offers low, medium, and high voltage motors; system and automation products comprising AC servo driving systems, programmable logic controllers, human-machine interfaces, and robots; electromechanical engineering and power equipment; and household and air conditioning appliances. The company also develops wind turbines, electric cars, and PV power station products; and integrates Internet of Things. In addition, it manufactures and sells switches, busway and related components, touch-tone phone systems, billing boxes, generators, reducers, electric control products, and air conditioners mechanical equipment; invests, research, and develops software and hardware products related to fiber optic communications products; and constructs commercial buildings. Further, the company offers investment consultancy services for domestic and foreign industrial parks and lands; communication network information technology; science park development; develops and sells software; and provides storage and energy technical services. Additionally, it engages in the real estate business; international trading; production of data storage and processing equipment; other mail services; services related to information software, data processing, and electronic information supply; and import, sale, and lease of franking machines. The company was incorporated in 1956 and is headquartered in Taipei, Taiwan.

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StockViz Staff

January 15, 2025

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