Trinity Precision Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 09, 2022
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Trinity Precision Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 234.39 million compared to TWD 310.55 million a year ago. Revenue was TWD 234.39 million compared to TWD 310.55 million a year ago. Net loss was TWD 44.42 million compared to net income of TWD 28.82 million a year ago. Basic loss per share from continuing operations was TWD 0.51 compared to basic earnings per share from continuing operations of TWD 0.33 a year ago.
Trinity Precision Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture, processing, trading, import and export of powder metallurgy hardware products. The Company's main products are transmission gear components and hardware parts for various rechargeable and plug-in power tools, automotive components, sports equipment assembly hardware parts, high-precision face gears, bevel gears, cylindrical gears, and various transmission gears. boxes and industrial sewing machine spare parts. The Company's products are mainly sold to mainland China, the United States, Germany and other regions.