Man Zai Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 13, 2019 at 04:25 pm EDT
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Man Zai Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 239.026 million compared to TWD 259.324 million a year ago. Operating income was TWD 3.980 million compared to TWD 20.515 million a year ago. Net income was TWD 9.309 million compared to TWD 10.360 million a year ago. Basic earnings per share was TWD 0.16 compared to TWD 0.18 a year ago.
MAN ZAI INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of automotive air-conditioning modules. The Company's main products include automotive air-conditioning modules, steam turbine cooling modules, electromechanical cooling modules, as well as heat exchangers of home appliances and air conditioning systems. The Company distributes its products in domestic market and to overseas markets, such as Europe, the Americas and the other areas of Asia.