Tian Zheng International Precision Machinery Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 09:17 pm
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Tian Zheng International Precision Machinery Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 67.231 million compared to TWD 324.866 million a year ago. Net loss was TWD 2.925 million compared to net income of TWD 65.418 million a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 2.29 a year ago. Diluted loss per share was TWD 0.09 compared to diluted earnings per share of TWD 2.23 a year ago. For the half year, sales was TWD 225.572 million compared to TWD 515.715 million a year ago. Net income was TWD 33.171 million compared to TWD 92.656 million a year ago. Basic earnings per share was TWD 1 compared to TWD 3.25 a year ago. Diluted earnings per share was TWD 0.99 compared to TWD 3.15 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.