Ginar Technology Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 06:32 pm EDT
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Ginar Technology 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 367.57 million compared to TWD 423.28 million a year ago. Net income was TWD 19.6 million compared to TWD 22.35 million a year ago. Basic earnings per share from continuing operations was TWD 0.35 compared to TWD 0.4 a year ago. Diluted earnings per share from continuing operations was TWD 0.35 compared to TWD 0.4 a year ago.
For the six months, sales was TWD 759.72 million compared to TWD 896.04 million a year ago. Net income was TWD 46.84 million compared to TWD 56.74 million a year ago. Basic earnings per share from continuing operations was TWD 0.85 compared to TWD 1.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.85 compared to TWD 1.01 a year ago.
GINAR TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research and development, manufacturing, processing and distribution of composite materials. The Companyâs primary products include nylon (NY), polypropylene (PP), acrylonitrile butadiene styrene (ABS), polybutylene terephthalate (PBT) composite materials and polycarbonate (PC) composite products, among others. The Company is also engaged in the trading of raw materials. The Company mainly distributes its products in domestic market and to overseas markets, including the Peopleâs Republic of China (the PRC), Africa, the rest of Asia and others.
GINAR TECHNOLOGY CO.,LTD. 
