Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:32 pm EDT
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Trinity Precision Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 360.814 million compared to TWD 419.046 million a year ago. Operating income was TWD 7.486 million compared to TWD 8.317 million a year ago. Net income was TWD 8.079 million compared to TWD 23.195 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.27 a year ago. Diluted earnings per share was TWD 0.09 compared to TWD 0.24 a year ago. For the half year, total revenue was TWD 693.070 million compared to TWD 801.336 million a year ago. Operating loss was TWD 1.729 million compared to operating Income of TWD 3.536 million a year ago. Net income was TWD 2.070 million compared to TWD 582,000 a year ago. Basic earnings per share was TWD 0.02 compared to TWD 0.01 a year ago.
Trinity Precision Technology Co., Ltd. is a Taiwan-based company principally engaged in the smelting, production, processing, casting and sales of mechanical materials. The Company's main products include automobiles and motorcycles, power tools, industrial machinery, household appliances and supplies and others. The Company's products are mainly used in transportation tools, industrial machinery, home appliances, hardware supplies, national defense, medical industry, nuclear energy and aerospace. The Company distributes its products mainly to overseas markets.