Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021
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Trinity Precision Technology 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 326.47 million compared to TWD 288.45 million a year ago. Revenue was TWD 326.47 million compared to TWD 288.45 million a year ago. Net income was TWD 31.71 million compared to net loss of TWD 11.28 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to basic loss per share from continuing operations of TWD 0.13 a year ago. Diluted earnings per share from continuing operations was TWD 0.36 compared to diluted loss per share from continuing operations of TWD 0.13 a year ago.
For the nine months, sales was TWD 975.87 million compared to TWD 775.85 million a year ago. Revenue was TWD 975.87 million compared to TWD 775.85 million a year ago. Net income was TWD 85.65 million compared to net loss of TWD 39.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.99 compared to basic loss per share from continuing operations of TWD 0.46 a year ago. Diluted earnings per share from continuing operations was TWD 0.98 compared to diluted loss per share from continuing operations of TWD 0.46 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.