Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023 at 07:57 pm EDT
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Trinity Precision Technology 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 172.51 million compared to TWD 238.39 million a year ago. Revenue was TWD 172.51 million compared to TWD 238.39 million a year ago. Net loss was TWD 41.75 million compared to TWD 9.9 million a year ago. Basic loss per share from continuing operations was TWD 0.48 compared to TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.48 compared to TWD 0.11 a year ago.
For the six months, sales was TWD 343.5 million compared to TWD 472.78 million a year ago. Revenue was TWD 343.5 million compared to TWD 472.78 million a year ago. Net loss was TWD 97.33 million compared to TWD 54.32 million a year ago. Basic loss per share from continuing operations was TWD 1.12 compared to TWD 0.63 a year ago. Diluted loss per share from continuing operations was TWD 1.12 compared to TWD 0.63 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.
TRINITY PRECISION TECHNOLOGY CO., LTD. 
