Kenmec Mechanical Engineering Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 10:57 am
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Kenmec Mechanical Engineering Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 1,052.922 million compared to TWD 870.986 million a year ago. Operating loss was TWD 148.116 million compared to TWD 66.086 million a year ago. Net loss was TWD 74.274 million compared to TWD 62.506 million a year ago. Basic loss per share was TWD 0.3 compared to TWD 0.25 a year ago.
KENMEC MECHANICAL ENGINEERING CO., LTD. is a Taiwan-based company primarily engaged in the research, development, production and sales of solar cells. The Company mainly operates through four business segments. The Automation Business segment is mainly engaged in the production, sales, installation and leasing of automated assembly line equipment and related supporting facilities. The Solar Power Generation Systems segment is mainly engaged in the manufacture of power generation, transmission and distribution equipment, as well as wireless communications equipment. The Electronic Components segment is principally engaged in the manufacture of electronic components. The Others segment is mainly engaged in the solar water heaters and real estates businesses.