Yeong Guan Energy Technology Group Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 14, 2019 at 02:42 am IST
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Yeong Guan Energy Technology Group Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,950.616 million compared to TWD 1,662.228 million a year ago. Operating income was TWD 47.728 million compared to operating loss of TWD 95.767 million a year ago. Net income was TWD 19.156 million compared to net loss of TWD 127.866 million a year ago. Basic earnings per share was TWD 0.18 compared to basic loss per share of TWD 1.15 a year ago. For the half year, sales was TWD 3,502.973 million compared to TWD 2,935.082 million a year ago. Operating income was TWD 9.784 million compared to operating loss of TWD 172.720 million a year ago. Net loss was TWD 87.450 million compared to TWD 170.607 million a year ago. Basic loss per share was TWD 0.82 compared to TWD 1.51 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. 
