Tradetool Auto Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 03:57 pm EDT
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Tradetool Auto Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 201.783 million compared to TWD 237.978 million a year ago. Operating income was TWD 5.213 million compared to TWD 17.675 million a year ago. Net income was TWD 6.227 million compared to TWD 19.629 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.25 a year ago. For the half year, sales was TWD 380.280 million compared to TWD 427.766 million a year ago. Operating income was TWD 6.107 million compared to TWD 22.117 million a year ago. Net income was TWD 4.248 million compared to TWD 29.396 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.45 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.