C.T.I. Traffic Industries Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 03:07 pm EDT
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C.T.I. Traffic Industries Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 119.484 million compared to TWD 129.601 million a year ago. Operating loss was TWD 3.051 million compared to TWD 5.994 million a year ago. Net income was TWD 1.702 million compared to net loss of TWD 9.616 million a year ago. Basic earnings per share was TWD 0.04 compared to basic loss per share of TWD 0.24 a year ago.
C.T.I. Traffic Industries CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of piston rings and automobile parts. The Company's piston rings include compression rings, chrome plated keystone-type piston rings, steel oil-retaining rings, chrome plated blooming piston rings, nitrides piston rings, and nitrides blooming piston rings, among others. The piston rings are applied in automobiles. Its automobile parts include engine repair kits, automobile lamps, engine parts, brake system parts, timing belt parts and other accessories. The Company distributes its products in domestic market and to overseas markets, including the Americas, Europe, Africa and the rest of Asia.
C.T.I. TRAFFIC INDUSTRIES CO., LTD. 
