Test-Rite International Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 06:36 pm
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Test-Rite International Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 9,780.518 million compared to TWD 9,837.448 million a year ago. Operating income was TWD 168.049 million compared to TWD 164.323 million a year ago. Net income was TWD 166.405 million compared to TWD 165.125 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.32 a year ago. For the nine months, sales was TWD 28,994.313 million compared to TWD 30,106.011 million a year ago. Operating income was TWD 632.116 million compared to TWD 582.895 million a year ago. Net loss was TWD 37.498 million compared to net income of TWD 608.565 million a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 1.19 a year ago.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.
TEST-RITE INTERNATIONAL CO., LTD. 
