Ginar Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 03:38 pm
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Ginar Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 418.376 million compared to TWD 511.700 million a year ago. Operating income was TWD 17.496 million compared to TWD 29.528 million a year ago. Net income was TWD 14.794 million compared to TWD 23.534 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.43 a year ago. For the half year, sales was TWD 789.899 million compared to TWD 1,055.057 million a year ago. Operating income was TWD 27.659 million compared to TWD 60.476 million a year ago. Net income was TWD 25.126 million compared to TWD 40.913 million a year ago. Basic earnings per share was TWD 0.45 compared to TWD 0.74 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.