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taiwan tea corp (2913) Details

Taiwan Tea Corporation primarily engages in the sale of tea ingredients in Taiwan. The company also sells combos crackers and cold brew tea; and cosmetics, such as facial masks, skin tightening and wrinkle smoothing essences, and moisturizers under the La Phace brand. In addition, it undertakes interior fittings projects, including wall framing, ceiling, painting, fire-resistant roller shutters, fire-resistant facade, paving, planting, window sill, curtain box, and wall facade. The company sells building materials, such as interior/exterior aluminum composite, clean room internal composite, and steel-plastic composite panels, as well as smoke vents. Further, it offers magnesium metal related products for automobile parts, 3C product casing, bicycle parts, exercise equipment, and others. Additionally, the company engages in the land development activities. Taiwan Tea Corporation also exports its products primarily to Japan and Australia. The company was formerly known as Mitsui & Co., Ltd. and changed its name to Taiwan Tea Corporation in 1950. Taiwan Tea Corporation was founded in 1899 and is based in Taipei City, Taiwan.

Founded in 1899

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Taiwan Tea Corporation Reports Earnings Results for the Third Quarter Ended September 30, 2018

Taiwan Tea Corporation announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 63.075 million compared to TWD 82.657 million a year ago. Net loss was TWD 30.830 million compared to net income of TWD 3.829 million a year ago. Basic loss per share was TWD 0.04 compared to Basic EPS of TWD 0 a year ago. For the nine months, sales was TWD 188.094 million compared to TWD 2,190.279 million a year ago. Net loss was TWD 41.734 million compared to net income of TWD 608.406 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.79 a year ago.

Taiwan Tea Corporation Recommends Amendment to the Company's Articles of Incorporation

Taiwan Tea Corporation will recommend amendment to the Company's Articles of Incorporation at the AGM to be held on June 12, 2018.


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Valuation 2913 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 47.8x
Price/Book 0.7x
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TEV/Sales 31.3x

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