Tradetool Auto Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:02 pm EST
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Tradetool Auto Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 204.812 million compared to TWD 518.350 million a year ago. Operating income was TWD 5.341 million compared to TWD 80.730 million a year ago. Net income was TWD 3.981 million compared to TWD 59.823 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.75 a year ago. For the nine months, sales was TWD 585.092 million compared to TWD 946.116 million a year ago. Operating income was TWD 11.448 million compared to TWD 102.847 million a year ago. Net income was TWD 8.229 million compared to TWD 89.219 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 1.2 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. 
