Macauto Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 03:10 pm EDT
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Macauto Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,400.205 million compared to TWD 1,503.151 million a year ago. Operating income was TWD 154.288 million compared to TWD 155.111 million a year ago. Net income was TWD 132.461 million compared to TWD 96.081 million a year ago. Basic earnings per share was TWD 1.77 compared to TWD 1.28 a year ago. Diluted earnings per share was TWD 1.76 compared to TWD 1.28 a year ago. For the half year, sales was TWD 2,887.513 million compared to TWD 2,961.668 million a year ago. Operating income was TWD 317.547 million compared to TWD 342.681 million a year ago. Net income was TWD 277.679 million compared to TWD 284.628 million a year ago. Basic earnings per share was TWD 3.71 compared to TWD 3.8 a year ago. Diluted earnings per share was TWD 3.69 compared to TWD 3.79 a year ago.
Macauto Industrial Co Ltd is a Taiwan-based company principally engaged in the manufacture and sale of automotive curtains. The Company's main products include automotive shutters and electric yard tools, such as lawn mowers. Its automotive shutters include rear-mounted sunshades, side window sunshades, triangular window sunshades, sunroof sunshades, windshields, cover curtains, storage nets, safety nets and cold air shutters. The Company distributes its products in domestic market to overseas markets, including the mainland China, the United States, the Netherlands and others.