C.T.I. Traffic Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 31, 2019 at 01:41 pm
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C.T.I. Traffic Industries Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 565.039 million compared to TWD 551.138 million a year ago. Operating income was TWD 12.212 million compared to TWD 7.119 million a year ago. Net income was TWD 10.091 million compared to net loss of TWD 17.623 million a year ago. Basic earnings per share was TWD 0.25 compared to basic loss per share of TWD 0.44 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. 
