Test-Rite International Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 02:08 am
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Test-Rite International Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 9,334.961 million compared to TWD 9,920.709 million a year ago. Operating income was TWD 151.849 million compared to TWD 120.653 million a year ago. Net loss was TWD 382.049 million compared to net income of TWD 134.063 million a year ago. Basic loss per share was TWD 0.75 compared to basic earnings per share of TWD 0.26 a year ago. For the half year, sales was TWD 19,213.795 million compared to TWD 20,268.563 million a year ago. Operating income was TWD 464.067 million compared to TWD 418.572 million a year ago. Net loss was TWD 203.903 million compared to net income of TWD 443.440 million a year ago. Basic loss per share was TWD 0.4 compared to basic earnings per share of TWD 0.87 a year ago.
Test Rite International Co Ltd is a Taiwan-based company principally engaged in the retailing of household products and the trading of daily goods. The trading business is engaged in the import and export business and agency business of department store products, covering hardware tools, DIY hand tools, bathroom and storage products, stationery products, household appliances and living goods, outdoor furniture, gardening, barbecue products. The retail business is directly facing consumers mainly located in Taiwan and China in the home furnishings, home repair, mattress and bedding sales business, comprehensive home integration services and brand agency business. The affiliated business groups include design teams for product design, packaging design, and industrial design; construction teams for store construction, office building construction, investment promotion, and logistics and warehousing services in China, Taiwan, the United States, and Europe.
TEST-RITE INTERNATIONAL CO., LTD. 
