Tingyi Cayman Islands Holding Corp. expected to Report Fiscal Year 2009 Results on March 22, 2010. This event was calculated by Capital IQ (Created on November 16, 2009).

Tingyi Cayman Islands Holding Corp. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported profit before taxation of $235.722 million and profit attributable equity holders of the company of $147.408 million or 2.63 cents per basic and diluted share on turnover and revenue of $1.536 billion compared to profit before taxation of $152.461 million and profit attributable equity holders of the company of $91.893 million or 1.65 cents per basic and diluted share on turnover and revenue of $1.321 billion for the same period of last year. The company reported EBITDA of $285.259 million compared to $201.698 million for the same period of last year. For the nine month, the company reported profit before taxation of $549.578 million and profit attributable equity holders of the company of $326.791 million or 5.84 cents per basic and diluted share on turnover and revenue of $4.038 billion compared to profit before taxation of $382.761 million and profit attributable equity holders of the company of $219.500 million or 3.93 cents per basic and diluted share on turnover and revenue of $3.370 billion for the same period of last year.

Taiwanese media reported that the parent company of Tingyi Cayman Islands Holding Corp. has hired SinoPac Securities to advice on its plan to sell Taiwan depositary receipts (TDR) of Tingyi. Ting Hsin plans to price the Tingyi TDRs at a premium to Tingyi's valuation in Hong Kong, the report said, citing sources. The TDR offer could raise around HKD 3.12 billion, according to the report. Ting Hsin plans to apply for the listing before the end of the year.