Hota Industrial Mfg. Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 13, 2022 at 06:17 pm EDT
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Hota Industrial Mfg. Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,584.84 million compared to TWD 1,572.67 million a year ago. Net income was TWD 27.11 million compared to TWD 54.84 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.1 compared to TWD 0.2 a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.2 a year ago. Diluted earnings per share was TWD 0.1 compared to TWD 0.2 a year ago.
Hota Industrial Mfg. Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of gears and axles for automobiles and motorcycles. The Companyâs primary products include gears and axles for motorcycles, gear shafts, gearbox parts, differentials and torque transfer systems for heavy duty trucks, slowdown parts, planetary gear sets for auto gearboxes, gears and axles for heavy locomotives, gears and axles for oil pumps, as well as gearbox parts for electric cars. The Company mainly distributes its products in American, Mainland China and Taiwan.