Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:32 pm EDT
Share
Trinity Precision Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 360.814 million compared to TWD 419.046 million a year ago. Operating income was TWD 7.486 million compared to TWD 8.317 million a year ago. Net income was TWD 8.079 million compared to TWD 23.195 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 0.09 compared to TWD 0.24 a year ago. For the half year, total revenue was TWD 693.070 million compared to TWD 801.336 million a year ago. Operating loss was TWD 1.729 million compared to operating Income of TWD 3.536 million a year ago. Net income was TWD 2.070 million compared to TWD 582,000 a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.01 a year ago.
Trinity Precision Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture, processing, trading, import and export of powder metallurgy hardware products. The Company's main products are transmission gear components and hardware parts for various rechargeable and plug-in power tools, automotive components, sports equipment assembly hardware parts, high-precision face gears, bevel gears, cylindrical gears, and various transmission gears. boxes and industrial sewing machine spare parts. The Company's products are mainly sold to mainland China, the United States, Germany and other regions.