Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 06:32 pm EST
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Trinity Precision Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 208.7 million compared to TWD 326.47 million a year ago. Revenue was TWD 208.7 million compared to TWD 326.47 million a year ago. Net loss was TWD 19.18 million compared to net income of TWD 31.71 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to basic earnings per share from continuing operations of TWD 0.37 a year ago. Diluted loss per share from continuing operations was TWD 0.22 compared to diluted earnings per share from continuing operations of TWD 0.36 a year ago.
For the nine months, sales was TWD 681.48 million compared to TWD 975.87 million a year ago. Revenue was TWD 681.48 million compared to TWD 975.87 million a year ago. Net loss was TWD 73.5 million compared to net income of TWD 85.65 million a year ago. Basic loss per share from continuing operations was TWD 0.85 compared to basic earnings per share from continuing operations of TWD 0.99 a year ago. Diluted loss per share from continuing operations was TWD 0.85 compared to diluted earnings per share from continuing operations of TWD 0.98 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. 
