Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 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 principally engaged in the smelting, production, processing, casting and sales of mechanical materials. The Company's main products include automobiles and motorcycles, power tools, industrial machinery, household appliances and supplies and others. The Company's products are mainly used in transportation tools, industrial machinery, home appliances, hardware supplies, national defense, medical industry, nuclear energy and aerospace. The Company distributes its products mainly to overseas markets.