Man Zai Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
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Man Zai Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 255.99 million compared to TWD 261.54 million a year ago. Net income was TWD 54.29 million compared to TWD 51.82 million a year ago. Basic earnings per share from continuing operations was TWD 0.97 compared to TWD 0.92 a year ago. Diluted earnings per share from continuing operations was TWD 0.97 compared to TWD 0.92 a year ago.
For the six months, sales was TWD 471.91 million compared to TWD 483.19 million a year ago. Net income was TWD 89.4 million compared to TWD 85.11 million a year ago. Basic earnings per share from continuing operations was TWD 1.6 compared to TWD 1.52 a year ago. Diluted earnings per share from continuing operations was TWD 1.59 compared to TWD 1.51 a year ago.
MAN ZAI INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive air-conditioning modules. The Company's main products include automotive air-conditioning modules, steam turbine cooling modules, electromechanical cooling modules, as well as heat exchangers of home appliances and air conditioning systems. The Company distributes its products in domestic market and to overseas markets, such as Europe, the Americas and the other areas of Asia.
MAN ZAI INDUSTRIAL CO., LTD. 
