C.T.I. Traffic Industries Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
March 31, 2022 at 09:22 pm
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C.T.I. Traffic Industries Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was TWD 564.79 million compared to TWD 478.48 million a year ago. Net loss was TWD 3.12 million compared to TWD 19.27 million a year ago. Basic loss per share from continuing operations was TWD 0.08 compared to TWD 0.48 a year ago. Diluted loss per share from continuing operations was TWD 0.08 compared to TWD 0.48 a year ago. Basic loss per share was TWD 0.08 compared to TWD 0.48 a year ago. Diluted loss per share was TWD 0.08 compared to TWD 0.48 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.