Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 12:44 pm EST
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Trinity Precision Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 392.226 million compared to TWD 482.519 million a year ago. Sales was TWD 392.226 million compared to TWD 482.519 million a year ago. Net loss was TWD 9.225 million compared to net income of TWD 52.798 million a year ago. Basic loss per share was TWD 0.11 compared to basic earnings per share of TWD 0.62 a year ago. Diluted loss per share was TWD 0.11 compared to diluted earnings per share of TWD 0.54 a year ago. For the nine months, total revenue was TWD 1,193.562 million compared to TWD 1,891.015 million a year ago. Sales was TWD 1,193.562 million compared to TWD 1,891.015 million a year ago. Net loss was TWD 8.643 million compared to net income of TWD 55.885 million a year ago. Basic loss per share was TWD 0.1 compared to basic earnings per share of TWD 0.66 a year ago. Diluted loss per share was TWD 0.1 compared to diluted earnings per share of TWD 0.59 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.