Zhong Yang Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 11, 2022
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Zhong Yang Technology Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 261.88 million compared to TWD 358.39 million a year ago. Net loss was TWD 104.05 million compared to TWD 16.08 million a year ago. Basic loss per share from continuing operations was TWD 1.33 compared to TWD 0.24 a year ago. Diluted loss per share from continuing operations was TWD 1.33 compared to TWD 0.24 a year ago.
Zhong Yang Technology Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture of mould. The Company mainly operates mould manufacturing business, other electrical and electronic machinery manufacturing business, steel foundry business, steel materials secondary processing business, metal structure and building components manufacturing and the retail of hardware. The mould product consists of mould base and mould core, mainly used in the produce of mobile phone lenses, mirror room, car lenses and others. Mould core is the core components of the mould and is used in plastic molding for wear and tear replacement.