C.T.I. Traffic Industries Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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C.T.I. Traffic Industries 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 129.85 million compared to TWD 122.96 million a year ago. Net loss was TWD 0.459 million compared to TWD 11.29 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to TWD 0.28 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to TWD 0.28 a year ago.
For the nine months, sales was TWD 427.32 million compared to TWD 321.18 million a year ago. Net income was TWD 0.137 million compared to net loss of TWD 17.06 million 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. 
