Zhong Yang Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Zhong Yang Technology 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 372.26 million compared to TWD 317.54 million a year ago. Net loss was TWD 37.6 million compared to TWD 34.37 million a year ago. Basic loss per share from continuing operations was TWD 0.48 compared to TWD 0.5 a year ago. Diluted loss per share from continuing operations was TWD 0.48 compared to TWD 0.5 a year ago. Basic loss per share was TWD 0.48 compared to TWD 0.5 a year ago. Diluted loss per share was TWD 0.48 compared to TWD 0.5 a year ago.
For the six months, sales was TWD 634.13 million compared to TWD 675.93 million a year ago. Net loss was TWD 141.65 million compared to TWD 50.45 million a year ago. Basic loss per share from continuing operations was TWD 1.81 compared to TWD 0.74 a year ago. Diluted loss per share from continuing operations was TWD 1.81 compared to TWD 0.74 a year ago. Basic loss per share was TWD 1.81 compared to TWD 0.74 a year ago. Diluted loss per share was TWD 1.81 compared to TWD 0.74 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.