TAIPEI (TVBS News) — Taiwanese automotive parts manufacturer Tong Yang Group (東陽) achieved its second-highest August profit in company history, reporting pre-tax net earnings of NT$330 million (around US$10.89 million) for the month. The August performance marked a 4% increase compared to the same period in 2024, demonstrating the company's financial resilience despite ongoing economic headwinds. This milestone underscores Tong Yang's ability to navigate challenging market conditions while maintaining steady growth momentum.
Company records show Tong Yang has accumulated NT$2.928 billion (around US$96.63 million) in pre-tax net profit from January through August, generating earnings per share of NT$4.79 (around US$0.16). Both metrics represent the second-highest figures for this eight-month period in the company's history, reflecting exceptionally strong financial performance. Tong Yang officials noted that customer orders began recovering in August while expansion projects continue advancing according to schedule.
Tong Yang Group continues preparing for peak demand seasons despite confronting uncertainties including tariffs and volatile exchange rates affecting global trade. The company has established strategic positioning in the United States through its Texas manufacturing facility, which serves as the primary hub for North American market operations. Ongoing expansion and facility upgrades at the Texas plant aim to strengthen localized rapid replenishment systems, bringing the manufacturer closer to customers and reinforcing its dominant position in the aftermarket automotive parts sector. ◼ (At time of reporting, US$1 equals approximately NT$30.300)