Tradetool Auto Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 05:32 pm EDT
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Tradetool Auto Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 191.965 million compared to TWD 201.783 million a year ago. Operating loss was TWD 18.972 million compared to operating Income of TWD 5.213 million a year ago. Net loss was TWD 9.211 million compared to net income of TWD 6.227 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.08 a year ago. For the half year, sales was TWD 333.954 million compared to TWD 380.280 million a year ago. Operating loss was TWD 34.032 million compared to operating Income of TWD 6.107 million a year ago. Net loss was TWD 18.394 million compared to net income of TWD 4.248 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.05 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.
TRADETOOL AUTO CO., LTD. 
