Tradetool Auto Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 08:33 am EDT
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Tradetool Auto Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 969.497 million compared to TWD 923.482 million a year ago. Operating loss was TWD 15.170 million compared to operating Income of TWD 28.434 million a year ago. Net income was TWD 7.854 million compared to TWD 19.959 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.25 a year ago.
Tradetool Auto Co Ltd is a Taiwan-based company mainly engaged in the manufacturing and trading of light guide plates and automotive stamping and welding parts, as well as the development and trading of related molds. The Company's products mainly include automotive metal stamping parts, which are mainly used for automotive structural parts such as rear wheel cover outer panels, tailgate outer panel reinforcement panels, A-pillar reinforcement panels, B-pillar reinforcement panels, C-pillar reinforcement panels, D-pillar reinforcement panels, rear wall panels, taillight brackets, rear longitudinal beam reinforcement plates and floor front longitudinal beams. The products also include optical injection parts, mainly high-brightness light guide plates for light-emitting diode (LED) backlights, and their main use is the key light-emitting source components of liquid crystal displays. The Company mainly distributes its products in Taiwan and Mainland China.