I Yuan Precision Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 07:52 pm
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I Yuan Precision Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 108.955 million compared to TWD 202.534 million a year ago. Operating income was TWD 4.255 million compared to TWD 36.881 million a year ago. Net income was TWD 10.513 million compared to TWD 34.440 million a year ago. Basic earnings per share was TWD 0.29 compared to TWD 0.96 a year ago. For the half year, sales was TWD 284.559 million compared to TWD 417.678 million a year ago. Operating income was TWD 23.224 million compared to TWD 72.504 million a year ago. Net income was TWD 33.391 million compared to TWD 67.665 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 1.89 a year ago.
I Yuan Precision Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of automobile spare parts. The Companyâs main products consist of radiator cooling fans, which prevent automobile engine radiators from being over heated; wind blowers, which are applied in automobile air conditioning systems, as well as window lifts, which enable the movements of automobile windows. It distributes its products within domestic market and to overseas markets.