DingZing Advanced Materials Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 14, 2022 at 02:33 am IST
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DingZing Advanced Materials Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 596.68 million compared to TWD 635.37 million a year ago. Net income was TWD 51.67 million compared to TWD 92.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.84 compared to TWD 1.51 a year ago. Diluted earnings per share from continuing operations was TWD 0.84 compared to TWD 1.5 a year ago. Basic earnings per share was TWD 0.84 compared to TWD 1.51 a year ago. Diluted earnings per share was TWD 0.84 compared to TWD 1.5 a year ago.
DingZing Advanced Materials Inc. is a Taiwan-based manufacturer engaged in the provision of thermoplastic polyurethane (TPU) products. The Companyâs main products include TPU film for medical supplies, sports supplies, automobile industry, aviation materials and outdoor equipment, high-pressure pneumatic tube conveyors for medical supplies, food industry and steel industry. The Company is also involved in the manufacture of oil seal products for cylinders of excavators and heavy machinery, among others. The Company operates its business in Taiwan, Americas, Europe and other Asian areas.