Zhong Yang Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Zhong Yang Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 300.76 million compared to TWD 328.02 million a year ago. Revenue was TWD 300.76 million compared to TWD 328.02 million a year ago. Net loss was TWD 19.61 million compared to TWD 89.23 million a year ago. Basic loss per share from continuing operations was TWD 0.25 compared to TWD 1.19 a year ago. Basic loss per share was TWD 0.25 compared to TWD 1.19 a year ago.
For the nine months, sales was TWD 934.89 million compared to TWD 1,003.95 million a year ago. Revenue was TWD 934.89 million compared to TWD 1,003.95 million a year ago. Net loss was TWD 161.26 million compared to TWD 139.68 million a year ago. Basic loss per share from continuing operations was TWD 2.06 compared to TWD 1.98 a year ago. Basic loss per share was TWD 2.06 compared to TWD 1.98 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.