Man Zai Industrial Co.,LTD. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Man Zai Industrial Co.,LTD. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 221.65 million compared to TWD 204.01 million a year ago. Net income was TWD 33.29 million compared to TWD 12.56 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 0.22 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 0.22 a year ago.
MAN ZAI INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive air-conditioning modules. The Company's main products include automotive air-conditioning modules, steam turbine cooling modules, electromechanical cooling modules, as well as heat exchangers of home appliances and air conditioning systems. The Company distributes its products in domestic market and to overseas markets, such as Europe, the Americas and the other areas of Asia.