Trinity Precision Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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Trinity Precision Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 310.553 million compared to TWD 253.039 million a year ago. Operating income was TWD 29.264 million compared to operating loss of TWD 18.552 million a year ago. Net income was TWD 28.817 million compared to net loss of TWD 13.920 million a year ago. Basic earnings per share was TWD 0.33 compared to basic loss per share of TWD 0.16 a year ago.
Trinity Precision Technology Co Ltd is a Taiwan-based company mainly engaged in the manufacture, processing, trading, import and export of powder metallurgy hardware products. The Company's main products are transmission gear components and hardware parts for various rechargeable and plug-in power tools, automotive components, sports equipment assembly hardware parts, high-precision face gears, bevel gears, cylindrical gears, and various transmission gears. boxes and industrial sewing machine spare parts. The Company's products are mainly sold to mainland China, the United States, Germany and other regions.