Tian Zheng International Precision Machinery Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 09:04 am EST
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Tian Zheng International Precision Machinery Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 62.085 million compared to TWD 404.615 million a year ago. Operating loss was TWD 4.158 million compared to operating Income of TWD 129.967 million a year ago. Net loss was TWD 9.416 million compared to net income of TWD 91.522 million a year ago. For the nine months, sales was TWD 287.657 million compared to TWD 920.330 million a year ago. Operating income was TWD 30.414 million compared to TWD 250.382 million a year ago. Net income was TWD 23.755 million compared to TWD 184.178 million a year ago.
TIAN ZHENG INTERNATIONAL PRECISION MACHINERY CO., LTD. is engaged in the design, manufacture and sale of automated mechanical engineering and consumer optoelectronic products. Automation Equipment business is involved in the passive component machine related business, such as the design, processing and combined manufacture of resistance test packaging machines, capacitance test packaging machines, inductance test packaging machines, inductance layer pressure testing machines and other automated mechanical machines. The business is also involved in other models of machine-related business, such as the development, design, processing and combined manufacture of the light-emitting diode (LED) sorting machines, drilling machines, tape machines, winding machines, drawing machines and other kinds of automation equipment. Components/Other business is involved in the design, manufacture and sale of automation equipment components.
TIAN ZHENG INTERNATIONAL PRECISION MACHINERY CO., LTD. 
