Man Zai Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 03:57 pm EDT
Share
Man Zai Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 204.011 million compared to TWD 201.885 million a year ago. Operating income was TWD 13.671 million compared to TWD 1.184 million a year ago. Net income was TWD 12.557 million compared to net loss of TWD 1.772 million a year ago. Basic earnings per share from continuing operations was TWD 0.22 compared to basic loss per share from continuing operations of TWD 0.03 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.