Man Zai Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:11 pm
Share
Man Zai Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 191.337 million compared to TWD 253.796 million a year ago. Operating income was TWD 4.622 million compared to TWD 13.469 million a year ago. Net income was TWD 4.397 million compared to TWD 13.889 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 0.25 a year ago. For the half year, sales was TWD 393.222 million compared to TWD 492.822 million a year ago. Operating income was TWD 5.806 million compared to TWD 17.449 million a year ago. Net income was TWD 2.625 million compared to TWD 23.198 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.41 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.