Man Zai Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:59 pm
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Man Zai Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 228.365 million compared to TWD 294.668 million a year ago. Operating income was TWD 3.800 million compared to TWD 39.885 million a year ago. Net income was TWD 6.198 million compared to TWD 31.976 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0.56 a year ago. For the nine months, sales was TWD 721.187 million compared to TWD 866.829 million a year ago. Operating income was TWD 21.249 million compared to TWD 95.143 million a year ago. Net income was TWD 29.396 million compared to TWD 92.160 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 1.62 a year ago. Diluted earnings per share was TWD 0.52 compared to TWD 1.61 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. 
