Ginar Technology Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 03:04 pm
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Ginar Technology Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 395.323 million compared to TWD 443.300 million a year ago. Operating income was TWD 36.288 million compared to TWD 26.384 million a year ago. Net income was TWD 28.748 million compared to TWD 21.504 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 0.39 a year ago. For the nine months, sales was TWD 1,136.664 million compared to TWD 1,233.199 million a year ago. Operating income was TWD 91.842 million compared to TWD 54.043 million a year ago. Net income was TWD 81.573 million compared to TWD 46.630 million a year ago. Basic earnings per share was TWD 1.48 compared to TWD 0.84 a year ago. Diluted earnings per share was TWD 1.47 compared to TWD 0.84 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.