Hota Industrial Mfg. Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 08, 2018 at 12:38 pm EST
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Hota Industrial Mfg. Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,879.244 million compared to TWD 1,716.500 million a year ago. Operating income was TWD 357.388 million compared to TWD 335.702 million a year ago. Net income was TWD 340.307 million compared to TWD 314.746 million a year ago. Basic earnings per share was TWD 1.33 compared to TWD 1.23 a year ago. For the nine months, sales was TWD 5,450.941 million compared to TWD 5,059.534 million a year ago. Operating income was TWD 1,050.376 million compared to TWD 1,071.900 million a year ago. Net income was TWD 976.499 million compared to TWD 911.027 million a year ago. Basic earnings per share was TWD 3.83 compared to TWD 3.66 a year ago. Diluted earnings per share was TWD 3.83 compared to TWD 3.65 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.
HOTA INDUSTRIAL MFG. CO., LTD. 
