Macauto Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 05:43 pm EDT
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Macauto Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 866.130 million compared to TWD 1,400.205 million a year ago. Operating income was TWD 57.571 million compared to TWD 154.288 million a year ago. Net income was TWD 69.625 million compared to TWD 132.461 million a year ago. Basic earnings per share was TWD 0.93 compared to TWD 1.77 a year ago. Diluted earnings per share was TWD 0.93 compared to TWD 1.76 a year ago. For the half year, sales was TWD 1,919.687 million compared to TWD 2,887.513 million a year ago. Operating income was TWD 150.605 million compared to TWD 317.547 million a year ago. Net income was TWD 142.503 million compared to TWD 277.679 million a year ago. Basic earnings per share was TWD 1.9 compared to TWD 3.71 a year ago. Diluted earnings per share was TWD 1.89 compared to TWD 3.69 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.