Trinity Precision Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Trinity Precision Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 166.74 million compared to TWD 208.7 million a year ago. Net loss was TWD 11.75 million compared to TWD 19.18 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to TWD 0.22 a year ago. Diluted loss per share from continuing operations was TWD 0.14 compared to TWD 0.22 a year ago.
For the nine months, sales was TWD 510.25 million compared to TWD 681.48 million a year ago. Net loss was TWD 109.08 million compared to TWD 73.5 million a year ago. Basic loss per share from continuing operations was TWD 1.26 compared to TWD 0.85 a year ago. Diluted loss per share from continuing operations was TWD 1.26 compared to TWD 0.85 a year ago.
Trinity Precision Technology Co., Ltd. is a Taiwan-based company principally engaged in the smelting, production, processing, casting and sales of mechanical materials. The Company's main products include automobiles and motorcycles, power tools, industrial machinery, household appliances and supplies and others. The Company's products are mainly used in transportation tools, industrial machinery, home appliances, hardware supplies, national defense, medical industry, nuclear energy and aerospace. The Company distributes its products mainly to overseas markets.