Tradetool Auto Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 05:00 pm EST
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Tradetool Auto Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 268.501 million compared to TWD 204.812 million a year ago. Operating income was TWD 8.500 million compared to TWD 5.341 million a year ago. Net income was TWD 2.276 million compared to TWD 3.981 million a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0.05 a year ago. For the nine months, sales was TWD 602.455 million compared to TWD 585.092 million a year ago. Operating loss was TWD 25.532 million compared to operating Income of TWD 11.448 million a year ago. Net loss was TWD 16.118 million compared to net income of TWD 8.229 million a year ago. Basic loss per share was TWD 0.2 compared to basic earnings per share of TWD 0.1 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. 
