Tradetool Auto Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021
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Tradetool Auto Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 376.7 million compared to TWD 268.5 million a year ago. Net loss was TWD 6.86 million compared to net income of TWD 2.28 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to diluted earnings per share from continuing operations of TWD 0.03 a year ago.
For the nine months, sales was TWD 975.54 million compared to TWD 602.46 million a year ago. Net loss was TWD 18.27 million compared to TWD 16.12 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to TWD 0.2 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to TWD 0.2 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.