Test-Rite International Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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Test-Rite International Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 11,576.596 million compared to TWD 9,215.825 million a year ago. Operating income was TWD 308.511 million compared to TWD 211.284 million a year ago. Net income was TWD 277.516 million compared to TWD 122.069 million a year ago. Basic earnings per share from continuing operations was TWD 0.56 compared to TWD 0.25 a year ago.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.