Right Way Industrial Co.,Ltd Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 10:20 am EDT
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Right Way Industrial Co.,Ltd announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 855.851 million compared to TWD 1,176.513 million a year ago. Operating loss was TWD 212.407 million compared to TWD 275.556 million a year ago. Net loss was TWD 329.985 million compared to TWD 309.482 million a year ago. Basic loss per share from continuing operations was TWD 2.19 compared to TWD 2.52 a year ago.
RIGHT WAY INDUSTRIAL CO., LTD is principally engaged in the manufacture and sale of pistons and forging products. The Company's products include pistons, connecting bars, tie rod ends, ball heads, balance bars, engine brackets, steering components, refrigeration compressor components and out-board engine components, among others. The Company's products are used for automobiles, locomotives, engine equipment and aviation industry. The Company distributes its products within domestic market and to rest of Asian countries.