Yeong Guan Energy Technology Group Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 13, 2018 at 08:50 am EST
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Yeong Guan Energy Technology Group Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,558.005 million compared to TWD 1,731.848 million a year ago. Operating loss was TWD 43.295 million compared to operating Income of TWD 90.352 million a year ago. Net loss was TWD 46.027 million compared to net income of TWD 63.546 million a year ago. Basic loss per share was TWD 0.41 compared to basic earnings per share of TWD 0.53 a year ago.
For the nine months, sales was TWD 4,493.087 million compared to TWD 4,860.368 million a year ago. Operating loss was TWD 216.015 million compared to operating Income of TWD 353.615 million a year ago. Net loss was TWD 216.634 million compared to net income of TWD 334.030 million a year ago. Basic loss per share was TWD 1.92 compared to basic earnings per share of TWD 2.81 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.