Zhong Yang Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 08:27 pm
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Zhong Yang Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 442.930 million compared to TWD 414.825 million a year ago. Operating income was TWD 43.284 million compared to TWD 101.716 million a year ago. Net income was TWD 21.209 million compared to TWD 66.462 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.98 a year ago. For the nine months, total revenue was TWD 1,295.512 million compared to TWD 971.083 million a year ago. Operating income was TWD 99.098 million compared to TWD 146.618 million a year ago. Net income was TWD 56.282 million compared to TWD 99.284 million a year ago. Basic earnings per share was TWD 0.83 compared to TWD 1.46 a year ago. Diluted earnings per share was TWD 0.82 compared to TWD 1.46 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.
ZHONG YANG TECHNOLOGY CO.,LTD 
