Tian Zheng International Precision Machinery Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021
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Tian Zheng International Precision Machinery Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 301.698 million compared to TWD 161.732 million a year ago. Operating income was TWD 80.158 million compared to TWD 28.403 million a year ago. Net income was TWD 58.541 million compared to TWD 19.836 million a year ago. Basic earnings per share was TWD 1.72 compared to TWD 0.60 a year ago. Diluted earnings per share was TWD 1.71 compared to TWD 0.59 a year ago. For the half year, sales was TWD 488.774 million compared to TWD 254.171 million a year ago. Operating income was TWD 122.945 million compared to TWD 37.226 million a year ago. Net income was TWD 95.223 million compared to TWD 22.636 million a year ago. Basic earnings per share was TWD 2.78 compared to TWD 0.68 a year ago. Diluted earnings per share was TWD 2.77 compared to TWD 0.68 a year ago.
TIAN ZHENG INTERNATIONAL PRECISION MACHINERY CO., LTD. is engaged in the design, manufacture and sale of automated mechanical engineering and consumer optoelectronic products. Automation Equipment business is involved in the passive component machine related business, such as the design, processing and combined manufacture of resistance test packaging machines, capacitance test packaging machines, inductance test packaging machines, inductance layer pressure testing machines and other automated mechanical machines. The business is also involved in other models of machine-related business, such as the development, design, processing and combined manufacture of the light-emitting diode (LED) sorting machines, drilling machines, tape machines, winding machines, drawing machines and other kinds of automation equipment. Components/Other business is involved in the design, manufacture and sale of automation equipment components.