King Chou Marine Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 06, 2020 at 04:23 pm
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King Chou Marine Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 690.108 million compared to TWD 767.102 million a year ago. Operating income was TWD 77.610 million compared to TWD 103.241 million a year ago. Net income was TWD 86.117 million compared to TWD 91.919 million a year ago. Basic earnings per share was TWD 1.03 compared to TWD 1.09 a year ago. Diluted earnings per share was TWD 1.02 compared to TWD 1.09 a year ago. For the half year, total revenue was TWD 1,171.398 million compared to TWD 1,364.346 million a year ago. Operating income was TWD 141.642 million compared to TWD 177.397 million a year ago. Net income was TWD 109.397 million compared to TWD 140.757 million a year ago. Basic earnings per share was TWD 1.3 compared to TWD 1.68 a year ago. Diluted earnings per share was TWD 1.3 compared to TWD 1.67 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.
KING CHOU MARINE TECHNOLOGY CO., LTD. 