C.T.I. Traffic Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 30, 2021 at 01:34 pm
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C.T.I. Traffic Industries Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 478.484 million compared to TWD 541.986 million a year ago. Operating loss was TWD 23.759 million compared to TWD 1.635 million a year ago. Net loss was TWD 19.273 million compared to net income of TWD 1.230 million a year ago. Basic loss per share was TWD 0.48 compared to basic earnings per share of TWD 0.03 a year ago.
C.T.I. Traffic Industries CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of piston rings and automobile parts. The Company's piston rings include compression rings, chrome plated keystone-type piston rings, steel oil-retaining rings, chrome plated blooming piston rings, nitrides piston rings, and nitrides blooming piston rings, among others. The piston rings are applied in automobiles. Its automobile parts include engine repair kits, automobile lamps, engine parts, brake system parts, timing belt parts and other accessories. The Company distributes its products in domestic market and to overseas markets, including the Americas, Europe, Africa and the rest of Asia.
C.T.I. TRAFFIC INDUSTRIES CO., LTD. 
