Man Zai Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
April 01, 2019 at 07:27 pm EDT
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Man Zai Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 1,059.003 million compared to TWD 936.754 million a year ago. Operating income was TWD 103.927 million compared to TWD 28.581 million a year ago. Net income was TWD 104.225 million compared to net loss of TWD 14.233 million a year ago. Basic earnings per share was TWD 1.83 compared to basic loss per share of TWD 0.25 a year ago. Diluted earnings per share was TWD 1.82 compared to diluted loss per share of TWD 0.25 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.