Test-Rite International Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 09:16 pm EDT
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Test-Rite International Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 9,215.825 million compared to TWD 9,878.834 million a year ago. Operating income was TWD 211.284 million compared to TWD 312.218 million a year ago. Net income was TWD 122.069 million compared to TWD 178.146 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.35 a year ago.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.
TEST-RITE INTERNATIONAL CO., LTD. 