Kenly Precision Industrial Co., LTD. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 07, 2023 at 05:23 pm
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Kenly Precision Industrial Co., LTD. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 352.05 million compared to TWD 449.92 million a year ago. Net loss was TWD 26.07 million compared to net income of TWD 15.92 million a year ago. Basic loss per share from continuing operations was TWD 0.33 compared to basic earnings per share from continuing operations of TWD 0.2 a year ago.
For the six months, sales was TWD 682.58 million compared to TWD 835.82 million a year ago. Net loss was TWD 39.43 million compared to net income of TWD 28.35 million a year ago. Basic loss per share from continuing operations was TWD 0.5 compared to basic earnings per share from continuing operations of TWD 0.36 a year ago.
Kenly Precision Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of lead frames for optoelectronic products, as well as heat spreaders for semiconductor packaging. The Companyâs primary products include manufactures surface mount device (SMD) light emitting diodes (LEDs) lead frames, connector contactors, relays, thermistors, diodes lead frames and transistors lead frames. The Company mainly distributes its products in Taiwan and other Asian markets.