Man Zai Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 07:07 pm
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Man Zai Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 248.817 million compared to TWD 228.365 million a year ago. Operating income was TWD 14.063 million compared to TWD 3.800 million a year ago. Net income was TWD 6.855 million compared to TWD 6.198 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.11 a year ago. For the nine months, sales was TWD 642.039 million compared to TWD 721.187 million a year ago. Operating income was TWD 19.869 million compared to TWD 21.249 million a year ago. Net income was TWD 9.480 million compared to TWD 29.396 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.52 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.