Right Way Industrial Co., Ltd Reports Earnings Results for the First Quarter Ended March 31, 2019
May 14, 2019 at 02:50 pm EDT
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Right Way Industrial Co. Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was TWD 294.414 million compared to TWD 320.007 million a year ago. Operating loss was TWD 42.213 million compared to TWD 34.483 million a year ago. Net loss was TWD 24.352 million compared to net income of TWD 11.921 million a year ago. Basic loss per share was TWD 0.2 compared to basic earnings per share of TWD 0.1 a year ago.
RIGHT WAY INDUSTRIAL CO., LTD is principally engaged in the manufacture and sale of pistons and forging products. The Company's products include pistons, connecting bars, tie rod ends, ball heads, balance bars, engine brackets, steering components, refrigeration compressor components and out-board engine components, among others. The Company's products are used for automobiles, locomotives, engine equipment and aviation industry. The Company distributes its products within domestic market and to rest of Asian countries.
RIGHT WAY INDUSTRIAL CO.,LTD 
