Man Zai Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 01:21 am IST
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Man Zai Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 294.668 million compared to TWD 251.907 million a year ago. Operating income was TWD 39.885 million compared to TWD 8.977 million a year ago. Net income was TWD 31.976 million compared to TWD 8.181 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.14 a year ago.
For the nine months, sales was TWD 866.829 million compared to TWD 730.028 million a year ago. Operating income was TWD 95.143 million compared to TWD 28.020 million a year ago. Net income was TWD 92.160 million compared to TWD 6.184 million a year ago. Basic earnings per share was TWD 1.62 compared to TWD 0.11 a year ago. Diluted earnings per share was TWD 1.61 compared to TWD 0.11 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.