Tradetool Auto Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 09, 2019 at 06:53 pm EDT
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Tradetool Auto Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 178.497 million compared to TWD 189.788 million a year ago. Operating income was TWD 894,000 compared to TWD 4.442 million a year ago. Net loss was TWD 1.979 million compared to net income of TWD 9.767 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.2 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.