Yeong Guan Energy Technology Group Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 03:46 am IST
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Yeong Guan Energy Technology Group Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,135.664 million compared to TWD 1,950.616 million a year ago. Operating income was TWD 154.411 million compared to TWD 47.728 million a year ago. Net income was TWD 192.152 million compared to TWD 19.156 million a year ago. Basic earnings per share was TWD 1.82 compared to TWD 0.18 a year ago. For the half year, sales was TWD 3,265.863 million compared to TWD 3,502.973 million a year ago. Operating income was TWD 43.053 million compared to TWD 9.784 million a year ago. Net income was TWD 79.736 million compared to net loss of TWD 87.450 million a year ago. Basic earnings per share was TWD 0.75 compared to basic loss per share of TWD 0.82 a year ago.
Yeong Guan Energy Technology Group Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of spherical graphite cast iron and grey cast iron. The Company's main products include energy castings, injection molding machine castings and other castings. The Company's products are mainly used in wind power generation, thermal power generation, injection molding machines, power tools and other machinery. The Company distributes its products in domestic market and to overseas markets, such as Europe, mainland China, the Americas and the rest areas of Asia.
YEONG GUAN ENERGY TECHNOLOGY GROUP CO., LTD. 