Tian Zheng International Precision Machinery Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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Tian Zheng International Precision Machinery Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 170.34 million compared to TWD 301.7 million a year ago. Net income was TWD 11.08 million compared to TWD 58.54 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 1.72 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 1.71 a year ago.
For the six months, sales was TWD 312.54 million compared to TWD 488.77 million a year ago. Net income was TWD 35.6 million compared to TWD 95.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.96 compared to TWD 2.78 a year ago. Diluted earnings per share from continuing operations was TWD 0.96 compared to TWD 2.77 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.
TIAN ZHENG INTERNATIONAL PRECISION MACHINERY CO., LTD. 
