C.T.I. Traffic Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 08:30 am EDT
Share
C.T.I. Traffic Industries Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 541.986 million compared to TWD 565.039 million a year ago. Operating loss was TWD 1.635 million compared to operating Income of TWD 12.212 million a year ago. Net income was TWD 1.230 million compared to TWD 10.091 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.25 a year ago.
C.T.I. Traffic Industries CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of piston rings and automobile parts. The Company's piston rings include compression rings, chrome plated keystone-type piston rings, steel oil-retaining rings, chrome plated blooming piston rings, nitrides piston rings, and nitrides blooming piston rings, among others. The piston rings are applied in automobiles. Its automobile parts include engine repair kits, automobile lamps, engine parts, brake system parts, timing belt parts and other accessories. The Company distributes its products in domestic market and to overseas markets, including the Americas, Europe, Africa and the rest of Asia.
C.T.I. TRAFFIC INDUSTRIES CO., LTD. 
