Zhong Yang Technology Co.,Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 09, 2023
Share
Zhong Yang Technology Co.,Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 224.62 million compared to TWD 372.26 million a year ago. Revenue was TWD 224.62 million compared to TWD 372.26 million a year ago. Net loss was TWD 86.14 million compared to TWD 37.6 million a year ago. Basic loss per share from continuing operations was TWD 1.1 compared to TWD 0.48 a year ago. Diluted loss per share from continuing operations was TWD 1.1 compared to TWD 0.48 a year ago.
For the six months, sales was TWD 456.8 million compared to TWD 634.13 million a year ago. Revenue was TWD 456.8 million compared to TWD 634.13 million a year ago. Net loss was TWD 158.22 million compared to TWD 141.65 million a year ago. Basic loss per share from continuing operations was TWD 2.02 compared to TWD 1.81 a year ago. Diluted loss per share from continuing operations was TWD 2.02 compared to TWD 1.81 a year ago.
Zhong Yang Technology Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture of mould. The Company mainly operates mould manufacturing business, other electrical and electronic machinery manufacturing business, steel foundry business, steel materials secondary processing business, metal structure and building components manufacturing and the retail of hardware. The mould product consists of mould base and mould core, mainly used in the produce of mobile phone lenses, mirror room, car lenses and others. Mould core is the core components of the mould and is used in plastic molding for wear and tear replacement.