Magnate Technology Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 06, 2019 at 04:52 pm EDT
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Magnate Technology Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 358.547 million compared to TWD 309.044 million a year ago. Operating income was TWD 11.696 million compared to TWD 142,000 a year ago. Net income was TWD 11.835 million compared to TWD 16.351 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.3 a year ago. Diluted earnings per share was TWD 0.14 compared to TWD 0.25 a year ago.
Magnate Technology Co., Ltd is a Taiwan-based company principally engaged in the processing, manufacture and sales of aircraft components, mechanical equipment components and general instrument components. The main products include aero engine casing, turbine hangers & nozzles, aircraft landing gear components, flight control actuation system, hydraulic system precision components products and aircraft body structure precision components products, as well as beverages, food and medicine sterile filling packaging machine, optoelectronic semiconductor equipment components, among others. The Company mainly provides its products in Taiwan, Japan and other regions.
MAGNATE TECHNOLOGY CO., LTD. 
