Ginar Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 09:48 am
Share
Ginar Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 403.549 million compared to TWD 418.376 million a year ago. Operating income was TWD 36.548 million compared to TWD 17.496 million a year ago. Net income was TWD 27.064 million compared to TWD 14.794 million a year ago. Basic earnings per share was TWD 0.49 compared to TWD 0.27 a year ago. For the half year, sales was TWD 741.341 million compared to TWD 789.899 million a year ago. Operating income was TWD 55.554 million compared to TWD 27.659 million a year ago. Net income was TWD 52.825 million compared to TWD 25.126 million a year ago. Basic earnings per share was TWD 0.96 compared to TWD 0.45 a year ago. Diluted earnings per share was TWD 0.95 compared to TWD 0.45 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.
GINAR TECHNOLOGY CO.,LTD. 
