Kaulin Mfg. Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 02:28 pm
Share
Kaulin Mfg. Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 349.233 million compared to TWD 552.427 million a year ago. Operating loss was TWD 39.675 million compared to TWD 9.503 million a year ago. Net loss was TWD 34.021 million compared to net income of TWD 9.475 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.05 a year ago. For the half year, sales was TWD 685.369 million compared to TWD 1,153.714 million a year ago. Operating loss was TWD 79.455 million compared to operating Income of TWD 14.578 million a year ago. Net loss was TWD 52.161 million compared to net income of TWD 36.669 million a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 0.2 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.
KAULIN MFG. CO., LTD. 
