Kaulin Mfg. Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 06:49 pm
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Kaulin Mfg. Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 759.662 million compared to TWD 349.233 million a year ago. Operating income was TWD 93.271 million compared to operating loss of TWD 39.675 million a year ago. Net income was TWD 73.813 million compared to net loss of TWD 34.021 million a year ago. Basic earnings per share was TWD 0.4 compared to basic loss per share of TWD 0.18 a year ago. For the half year, total revenue was TWD 1,383.858 million compared to TWD 685.369 million a year ago. Operating income was TWD 104.798 million compared to operating loss of TWD 79.455 million a year ago. Net income was TWD 88.934 million compared to net loss of TWD 52.161 million a year ago. Basic earnings per share was TWD 0.49 compared to basic loss per share of TWD 0.28 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.