Hota Industrial Mfg. Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 02:51 pm
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Hota Industrial Mfg. Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,505.289 million compared to TWD 1,803.580 million a year ago. Operating income was TWD 201.661 million compared to TWD 321.488 million a year ago. Net income was TWD 189.931 million compared to TWD 357.020 million a year ago. Basic earnings per share was TWD 0.75 compared to TWD 1.41 a year ago. Diluted earnings per share was TWD 0.75 compared to TWD 1.4 a year ago. For the half year, sales was TWD 2,985.208 million compared to TWD 3,571.697 million a year ago. Operating income was TWD 426.109 million compared to TWD 692.988 million a year ago. Net income was TWD 382.307 million compared to TWD 636.192 million a year ago. Basic earnings per share was TWD 1.5 compared to TWD 2.5 a year ago. Diluted earnings per share was TWD 1.5 compared to TWD 2.49 a year ago.
Hota Industrial Mfg. Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of gears and axles for automobiles and motorcycles. The Companyâs primary products include gears and axles for motorcycles, gear shafts, gearbox parts, differentials and torque transfer systems for heavy duty trucks, slowdown parts, planetary gear sets for auto gearboxes, gears and axles for heavy locomotives, gears and axles for oil pumps, as well as gearbox parts for electric cars. The Company mainly distributes its products in American, Mainland China and Taiwan.
HOTA INDUSTRIAL MFG. CO., LTD. 
