Kaulin Mfg. Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 02:33 pm
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Kaulin Mfg. Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 552.427 million compared to TWD 675.983 million a year ago. Operating loss was TWD 9.503 million compared to operating Income of TWD 44.927 million a year ago. Net income was TWD 9.475 million compared to TWD 71.580 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.39 a year ago. For the half year, total revenue was TWD 1,153.714 million compared to TWD 1,258.792 million a year ago. Operating income was TWD 14.578 million compared to TWD 80.828 million a year ago. Net income was TWD 36.669 million compared to TWD 79.496 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 0.43 a year ago.
KAULIN MFG CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacturing, assembly and sales of sewing machines and related spare parts. The Company's principal products include the overlock machines, needles interlock machines, portable overcasting stitches machines and other multi-needle overcasting stitches machines. The Company mainly distributes its products in Taiwan and overseas markets.