Man Zai Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 12, 2021
Share
Man Zai Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 265.61 million compared to TWD 248.82 million a year ago. Net income was TWD 10.27 million compared to TWD 6.86 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.12 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to TWD 0.12 a year ago.
For the nine months, sales was TWD 723.46 million compared to TWD 642.04 million a year ago. Net income was TWD 32.89 million compared to TWD 9.48 million a year ago. Basic earnings per share from continuing operations was TWD 0.59 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.59 compared to TWD 0.17 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.