Tian Zheng International Precision Machinery Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 06:35 pm EST
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Tian Zheng International Precision Machinery Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 133.39 million compared to TWD 331.48 million a year ago. Net income was TWD 10.81 million compared to TWD 71.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.28 compared to TWD 2.11 a year ago. Diluted earnings per share from continuing operations was TWD 0.28 compared to TWD 1.93 a year ago.
For the nine months, sales was TWD 445.93 million compared to TWD 820.25 million a year ago. Net income was TWD 46.41 million compared to TWD 166.8 million a year ago. Basic earnings per share from continuing operations was TWD 1.26 compared to TWD 4.89 a year ago. Diluted earnings per share from continuing operations was TWD 1.18 compared to TWD 4.49 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.
TIAN ZHENG INTERNATIONAL PRECISION MACHINERY CO., LTD. 
