Ginar Technology Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 10, 2022
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Ginar Technology Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 472.76 million compared to TWD 631.49 million a year ago. Net income was TWD 34.39 million compared to TWD 53.22 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to TWD 0.96 a year ago. Diluted earnings per share from continuing operations was TWD 0.62 compared to TWD 0.96 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.