Jeng Shiang Precision Ind. Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 09, 2018 at 04:50 pm
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Jeng Shiang Precision Ind. Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 518.350 million compared to TWD 156.137 million a year ago. Operating income was TWD 80.730 million compared to operating loss of TWD 1.303 million a year ago. Net income was TWD 59.823 million compared to TWD 1.088 million a year ago.
For the nine months, sales was TWD 946.116 million compared to TWD 431.830 million a year ago. Operating income was TWD 102.847 million compared to TWD 10.780 million a year ago. Net income was TWD 89.219 million compared to net loss of TWD 11.886 million a year ago.
Tradetool Auto Co Ltd is a Taiwan-based company mainly engaged in the manufacturing and trading of light guide plates and automotive stamping and welding parts, as well as the development and trading of related molds. The Company's products mainly include automotive metal stamping parts, which are mainly used for automotive structural parts such as rear wheel cover outer panels, tailgate outer panel reinforcement panels, A-pillar reinforcement panels, B-pillar reinforcement panels, C-pillar reinforcement panels, D-pillar reinforcement panels, rear wall panels, taillight brackets, rear longitudinal beam reinforcement plates and floor front longitudinal beams. The products also include optical injection parts, mainly high-brightness light guide plates for light-emitting diode (LED) backlights, and their main use is the key light-emitting source components of liquid crystal displays. The Company mainly distributes its products in Taiwan and Mainland China.