Man Zai Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 14, 2021 at 04:56 am IST
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Man Zai Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 253.837 million compared to TWD 191.337 million a year ago. Operating income was TWD 23.638 million compared to TWD 4.622 million a year ago. Net income was TWD 10.071 million compared to TWD 4.397 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.08 a year ago. For the half year, sales was TWD 457.848 million compared to TWD 393.222 million a year ago. Operating income was TWD 37.309 million compared to TWD 5.806 million a year ago. Net income was TWD 22.628 million compared to TWD 2.625 million a year ago. Basic earnings per share from continuing operations was TWD 0.4 compared to TWD 0.05 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.