Hota Industrial Mfg. Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 19, 2020 at 09:06 pm
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Hota Industrial Mfg. Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 5,968.347 million compared to TWD 7,153.036 million a year ago. Operating income was TWD 818.529 million compared to TWD 1,335.901 million a year ago. Net income was TWD 649.123 million compared to TWD 1,236.915 million a year ago. Basic earnings per share was TWD 2.55 compared to TWD 4.85 a year ago. Diluted earnings per share was TWD 2.54 compared to TWD 4.85 a year ago.
Hota Industrial Mfg. Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of gears and axles for automobiles and motorcycles. The Companyâs primary products include gears and axles for motorcycles, gear shafts, gearbox parts, differentials and torque transfer systems for heavy duty trucks, slowdown parts, planetary gear sets for auto gearboxes, gears and axles for heavy locomotives, gears and axles for oil pumps, as well as gearbox parts for electric cars. The Company mainly distributes its products in American, Mainland China and Taiwan.