Man Zai Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 08:50 am EDT
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Man Zai Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 253.796 million compared to TWD 312.837 million a year ago. Operating income was TWD 13.469 million compared to TWD 34.743 million a year ago. Net income was TWD 13.889 million compared to TWD 49.824 million a year ago. Basic earnings per share was TWD 0.25 compared to TWD 0.88 a year ago. Diluted earnings per share was TWD 0.25 compared to TWD 0.87 a year ago. For the half year, sales was TWD 492.822 million compared to TWD 572.161 million a year ago. Operating income was TWD 17.449 million compared to TWD 55.258 million a year ago. Net income was TWD 23.198 million compared to TWD 60.184 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 1.06 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.
MAN ZAI INDUSTRIAL CO., LTD. 
