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The eBearing News
October 30, 2003
Timken India Reports Third Quarter 2003 Results
copyright © 2003 eBearing Inc.
Timken India Ltd. (India, a publicly-traded, 80%-owned subsidiary of The Timken Company, USA) reported
sales and earnings for third quarter 2003, ended September 30.
Sales were up modestly, to Rs 594.8 million (USD $13.1 million), from Rs 524.8
million ($11.6 million) in 2002.
Profits, however, almost doubled to Rs 71.7 million ($1.6 million) from
Rs 39.6 million ($874,000) for third quarter 2002.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Copyrighted material; unauthorized reproduction prohibited.
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Entire contents Copyright © 1999-2010, eBearing Inc. All rights reserved.
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