Man Zai Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Man Zai Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 261.54 million compared to TWD 253.84 million a year ago. Net income was TWD 51.82 million compared to TWD 10.07 million a year ago. Basic earnings per share was TWD 0.92 compared to TWD 0.18 a year ago. Diluted earnings per share was TWD 0.92 compared to TWD 0.18 a year ago.
For the six months, sales was TWD 483.19 million compared to TWD 457.85 million a year ago. Net income was TWD 85.11 million compared to TWD 22.63 million a year ago. Basic earnings per share was TWD 1.52 compared to TWD 0.4 a year ago. Diluted earnings per share was TWD 1.51 compared to TWD 0.4 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.