Right Way Industrial Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:58 pm EDT
Share
Right Way Industrial Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 333.437 million compared to TWD 304.720 million a year ago. Operating loss was TWD 51.899 million compared to TWD 21.241 million a year ago. Net loss was TWD 37.834 million compared to TWD 28.518 million a year ago. Basic loss per share was TWD 0.31 compared to TWD 0.23 a year ago. For the half year, sales was TWD 627.851 million compared to TWD 624.727 million a year ago. Operating loss was TWD 94.112 million compared to TWD 55.724 million a year ago. Net loss was TWD 62.186 million compared to TWD 16.597 million a year ago. Basic loss per share was TWD 0.51 compared to TWD 0.14 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 
