Zhong Yang Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Zhong Yang Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 328.02 million compared to TWD 442.93 million a year ago. Revenue was TWD 328.02 million compared to TWD 442.93 million a year ago. Net loss was TWD 89.23 million compared to net income of TWD 21.21 million a year ago. Basic loss per share from continuing operations was TWD 1.19 compared to basic earnings per share from continuing operations of TWD 0.31 a year ago. Basic loss per share was TWD 1.19 compared to basic earnings per share of TWD 0.31 a year ago.
For the nine months, sales was TWD 1,003.95 million compared to TWD 1,295.51 million a year ago. Revenue was TWD 1,003.95 million compared to TWD 1,295.51 million a year ago. Net loss was TWD 139.68 million compared to net income of TWD 56.28 million a year ago. Basic loss per share from continuing operations was TWD 1.98 compared to basic earnings per share from continuing operations of TWD 0.83 a year ago. Basic loss per share was TWD 1.98 compared to basic earnings per share of TWD 0.83 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.