Yeong Guan Energy Technology Group Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:16 am EST
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Yeong Guan Energy Technology Group Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,168.195 million compared to TWD 1,558.005 million a year ago. Operating income was TWD 104.647 million compared to operating loss of TWD 43.295 million a year ago. Net income was TWD 79.309 million compared to net loss of TWD 46.027 million a year ago. Basic earnings per share was TWD 0.75 compared to basic loss per share of TWD 0.41 a year ago. For the nine months, sales was TWD 5,671.168 million compared to TWD 4,493.087 million a year ago. Operating income was TWD 114.431 million compared to operating loss of TWD 216.015 million a year ago. Net loss was TWD 8.141 million compared to TWD 216.634 million a year ago. Basic loss per share was TWD 0.08 compared to TWD 1.92 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. 
