Right Way Industrial Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Right Way Industrial Co.,Ltd reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 283.45 million compared to TWD 255.73 million a year ago. Revenue was TWD 283.45 million compared to TWD 255.73 million a year ago. Net income was TWD 11.03 million compared to net loss of TWD 7.78 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.05 a year ago. Diluted earnings per share from continuing operations was TWD 0.06 compared to diluted loss per share from continuing operations of TWD 0.05 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.
RIGHT WAY INDUSTRIAL CO.,LTD 
