Man Zai Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 10:38 am EDT
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Man Zai Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 918.276 million compared to TWD 1,059.003 million a year ago. Operating income was TWD 25.034 million compared to TWD 103.927 million a year ago. Net income was TWD 18.327 million compared to TWD 104.225 million a year ago. Basic earnings per share was TWD 0.32 compared to TWD 1.83 a year ago. Diluted earnings per share was TWD 0.32 compared to TWD 1.82 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.