Ginar Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 12, 2018 at 05:58 pm
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Ginar Technology Co., Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was TWD 445.566 million compared to TWD 496.126 million a year ago. Net income was TWD 16.374 million compared to TWD 25.823 million a year ago. Basic and diluted earnings per share was TWD 0.3 compared to TWD 0.47 a year ago.
For the nine months, sales was TWD 1,500.623 million compared to TWD 1,401.047 million a year ago. Net income was TWD 57.287 million compared to TWD 91.897 million a year ago. Basic earnings per share was TWD 1.04 compared to TWD 1.66 a year ago. Diluted earnings per share was TWD 1.03 compared to TWD 1.66 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.