Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 12:47 pm IST
Share
Trinity Precision Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 238.39 million compared to TWD 338.85 million a year ago. Net loss was TWD 9.9 million compared to net income of TWD 25.12 million a year ago. Basic loss per share from continuing operations was TWD 0.11 compared to basic earnings per share from continuing operations of TWD 0.29 a year ago. Diluted loss per share from continuing operations was TWD 0.11 compared to diluted earnings per share from continuing operations of TWD 0.29 a year ago.
For the six months, sales was TWD 472.78 million compared to TWD 649.4 million a year ago. Net loss was TWD 54.32 million compared to net income of TWD 53.94 million a year ago. Basic loss per share from continuing operations was TWD 0.63 compared to basic earnings per share from continuing operations of TWD 0.62 a year ago. Diluted loss per share from continuing operations was TWD 0.63 compared to diluted earnings per share from continuing operations of TWD 0.62 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.