Tradetool Auto Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Tradetool Auto Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 350.44 million compared to TWD 346.33 million a year ago. Net loss was TWD 8.55 million compared to TWD 18.86 million a year ago. Basic loss per share from continuing operations was TWD 0.11 compared to TWD 0.24 a year ago. Diluted loss per share from continuing operations was TWD 0.11 compared to TWD 0.24 a year ago.
For the six months, sales was TWD 692.31 million compared to TWD 716.98 million a year ago. Net loss was TWD 23.53 million compared to TWD 17.89 million a year ago. Basic loss per share from continuing operations was TWD 0.3 compared to TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 0.3 compared to TWD 0.22 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.