C.T.I. Traffic Industries Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 04:06 pm
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C.T.I. Traffic Industries Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 137.108 million compared to TWD 144.875 million a year ago. Operating income was TWD 3.381 million compared to TWD 9.302 million a year ago. Net income was TWD 4.025 million compared to TWD 12.902 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.33 a year ago. Diluted earnings per share was TWD 0.1 compared to TWD 0.3 a year ago. For the half year, sales was TWD 256.592 million compared to TWD 274.476 million a year ago. Operating income was TWD 330,000 compared to TWD 3.308 million a year ago. Net income was TWD 5.727 million compared to TWD 3.286 million a year ago. Basic earnings per share was TWD 0.14 compared to TWD 0.08 a year ago. Diluted earnings per share was TWD 0.13 compared to TWD 0.08 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. 
