Ginar Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 03:37 pm
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Ginar Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 337.792 million compared to TWD 371.523 million a year ago. Operating income was TWD 19.006 million compared to TWD 10.163 million a year ago. Net income was TWD 25.761 million compared to TWD 10.332 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.19 a year ago. Diluted earnings per share was TWD 0.46 compared to TWD 0.19 a year ago.
GINAR TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing, processing and distribution of composite materials. The Companyâs primary products include nylon (NY), polypropylene (PP), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT) composite materials and polycarbonate (PC) composite products, among others. The Company is also engaged in the trading of raw materials. The Company mainly distributes its products in domestic market and to overseas markets, including the Peopleâs Republic of China (the PRC), Africa, the rest of Asia and others.