Zhong Yang Technology Co.,Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 01:46 am EST
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Zhong Yang Technology Co.,Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 211.95 million compared to TWD 300.76 million a year ago. Net loss was TWD 56.17 million compared to TWD 19.61 million a year ago. Basic loss per share from continuing operations was TWD 0.7 compared to TWD 0.25 a year ago. Diluted loss per share from continuing operations was TWD 0.7 compared to TWD 0.25 a year ago.
For the nine months, sales was TWD 668.75 million compared to TWD 934.89 million a year ago. Net loss was TWD 214.39 million compared to TWD 161.26 million a year ago. Basic loss per share from continuing operations was TWD 2.72 compared to TWD 2.06 a year ago. Diluted loss per share from continuing operations was TWD 2.72 compared to TWD 2.06 a year ago.
Zhong Yang Technology Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture of mould. The Company mainly operates mould manufacturing business, other electrical and electronic machinery manufacturing business, steel foundry business, steel materials secondary processing business, metal structure and building components manufacturing and the retail of hardware. The mould product consists of mould base and mould core, mainly used in the produce of mobile phone lenses, mirror room, car lenses and others. Mould core is the core components of the mould and is used in plastic molding for wear and tear replacement.
ZHONG YANG TECHNOLOGY CO.,LTD 
