Zhong Yang Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 06:48 pm
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Zhong Yang Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 390.037 million compared to TWD 261.939 million a year ago. Operating income was TWD 4.518 million compared to TWD 9.726 million a year ago. Net income was TWD 2.721 million compared to TWD 3.886 million a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.06 a year ago.
Zhong Yang Technology Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture of mould. The Company mainly operates mould manufacturing business, other electrical and electronic machinery manufacturing business, steel foundry business, steel materials secondary processing business, metal structure and building components manufacturing and the retail of hardware. The mould product consists of mould base and mould core, mainly used in the produce of mobile phone lenses, mirror room, car lenses and others. Mould core is the core components of the mould and is used in plastic molding for wear and tear replacement.