Ginar Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 05:57 pm
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Ginar Technology Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 631.487 million compared to TWD 337.792 million a year ago. Operating income was TWD 71.408 million compared to TWD 19.006 million a year ago. Net income was TWD 53.219 million compared to TWD 25.761 million a year ago. Basic earnings per share from continuing operations was TWD 0.96 compared to TWD 0.47 a year ago. Diluted earnings per share from continuing operations was TWD 0.96 compared to TWD 0.46 a year ago.
GINAR TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing, processing and distribution of composite materials. The Companyâs primary products include nylon (NY), polypropylene (PP), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT) composite materials and polycarbonate (PC) composite products, among others. The Company is also engaged in the trading of raw materials. The Company mainly distributes its products in domestic market and to overseas markets, including the Peopleâs Republic of China (the PRC), Africa, the rest of Asia and others.