Ginar Technology Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 05:48 pm
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Ginar Technology Co.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 679.614 million compared to TWD 403.549 million a year ago. Operating income was TWD 94.282 million compared to TWD 36.548 million a year ago. Net income was TWD 74.332 million compared to TWD 27.064 million a year ago. Basic earnings per share from continuing operations was TWD 1.35 compared to TWD 0.49 a year ago. Diluted earnings per share from continuing operations was TWD 1.34 compared to TWD 0.49 a year ago. For the half year, sales was TWD 1,311.101 million compared to TWD 741.341 million a year ago. Operating income was TWD 165.690 million compared to TWD 55.554 million a year ago. Net income was TWD 127.551 million compared to TWD 52.825 million a year ago. Basic earnings per share from continuing operations was TWD 2.31 compared to TWD 0.96 a year ago. Diluted earnings per share from continuing operations was TWD 2.3 compared to TWD 0.95 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.