King Chou Marine Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 14, 2021 at 04:52 pm
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King Chou Marine Technology Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 2,632.079 million compared to TWD 2,898.777 million a year ago. Operating income was TWD 351.877 million compared to TWD 364.659 million a year ago. Net income was TWD 315.609 million compared to TWD 301.241 million a year ago. Basic earnings per share was TWD 3.76 compared to TWD 3.59 a year ago. Diluted earnings per share was TWD 3.73 compared to TWD 3.57 a year ago.
King Chou Marine Technology Co., Ltd. is principally engaged in the manufacture and sales of nets for marine and onshore use. The Companyâs principal products include fishing nets, aquaculture nets, camouflage nets for military industry, safety nets for construction works, sports nets for golf courses and baseball fields, as well as agricultural nets for cultivation activities. The Company mainly operates through five business segments: Taiwan King Chou, Kunshan King Chou, Kunshan King Da, Vietnam King Chou and the others. The Company is also involved in the trading of metal parts, raw yarns and fishing net machinery equipment. The Company mainly distributes its products in domestic market and to overseas markets, including Asia, America and Europe.