Zhong Yang Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 11:04 pm
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Zhong Yang Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 462.545 million compared to TWD 294.319 million a year ago. Net income was TWD 32.352 million compared to TWD 28.936 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.43 a year ago. Diluted earnings per share was TWD 0.44 compared to TWD 0.42 a year ago. For the half year, sales was TWD 852.582 million compared to TWD 556.258 million a year ago. Net income was TWD 35.073 million compared to TWD 32.822 million a year ago. Basic earnings per share was TWD 0.51 compared to TWD 0.48 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.