Tradetool Auto Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 14, 2021 at 03:14 pm EDT
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Tradetool Auto Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 300.517 million compared to TWD 141.989 million a year ago. Operating loss was TWD 8.969 million compared to TWD 15.060 million a year ago. Net loss was TWD 5.997 million compared to TWD 9.183 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to TWD 0.12 a year ago.
Tradetool Auto Co Ltd is a Taiwan-based company mainly engaged in the manufacturing and trading of light guide plates and automotive stamping and welding parts, as well as the development and trading of related molds. The Company's products mainly include automotive metal stamping parts, which are mainly used for automotive structural parts such as rear wheel cover outer panels, tailgate outer panel reinforcement panels, A-pillar reinforcement panels, B-pillar reinforcement panels, C-pillar reinforcement panels, D-pillar reinforcement panels, rear wall panels, taillight brackets, rear longitudinal beam reinforcement plates and floor front longitudinal beams. The products also include optical injection parts, mainly high-brightness light guide plates for light-emitting diode (LED) backlights, and their main use is the key light-emitting source components of liquid crystal displays. The Company mainly distributes its products in Taiwan and Mainland China.