Tian Zheng International Precision Machinery Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 08:28 pm
Share
Tian Zheng International Precision Machinery Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 92.439 million compared to TWD 158.341 million a year ago. Operating income was TWD 8.823 million compared to TWD 33.426 million a year ago. Net income was TWD 2.800 million compared to TWD 36.096 million a year ago. Basic earnings per share was TWD 0.08 compared to TWD 1.09 a year ago. Diluted earnings per share was TWD 0.08 compared to TWD 1.08 a year ago.
TIAN ZHENG INTERNATIONAL PRECISION MACHINERY CO., LTD. is engaged in the design, manufacture and sale of automated mechanical engineering and consumer optoelectronic products. Automation Equipment business is involved in the passive component machine related business, such as the design, processing and combined manufacture of resistance test packaging machines, capacitance test packaging machines, inductance test packaging machines, inductance layer pressure testing machines and other automated mechanical machines. The business is also involved in other models of machine-related business, such as the development, design, processing and combined manufacture of the light-emitting diode (LED) sorting machines, drilling machines, tape machines, winding machines, drawing machines and other kinds of automation equipment. Components/Other business is involved in the design, manufacture and sale of automation equipment components.