Tian Zheng International Precision Machinery Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 26, 2020 at 12:16 am IST
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Tian Zheng International Precision Machinery Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 339.976 million compared to TWD 1,217.871 million a year ago. Operating income was TWD 29.306 million compared to TWD 340.872 million a year ago. Net income was TWD 18.736 million compared to TWD 256.810 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 8.65 a year ago. Diluted earnings per share was TWD 0.56 compared to TWD 8.52 a year ago.
TIAN ZHENG INTERNATIONAL PRECISION MACHINERY CO., LTD. is engaged in the design, manufacture and sale of automated mechanical engineering and consumer optoelectronic products. Automation Equipment business is involved in the passive component machine related business, such as the design, processing and combined manufacture of resistance test packaging machines, capacitance test packaging machines, inductance test packaging machines, inductance layer pressure testing machines and other automated mechanical machines. The business is also involved in other models of machine-related business, such as the development, design, processing and combined manufacture of the light-emitting diode (LED) sorting machines, drilling machines, tape machines, winding machines, drawing machines and other kinds of automation equipment. Components/Other business is involved in the design, manufacture and sale of automation equipment components.