King Chou Marine Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022 at 05:51 pm
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King Chou Marine Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 797.09 million compared to TWD 660.61 million a year ago. Revenue was TWD 797.09 million compared to TWD 660.61 million a year ago. Net income was TWD 100.27 million compared to TWD 99.34 million a year ago. Basic earnings per share from continuing operations was TWD 1.19 compared to TWD 1.18 a year ago. Diluted earnings per share from continuing operations was TWD 1.19 compared to TWD 1.18 a year ago.
For the six months, sales was TWD 1,400.52 million compared to TWD 1,347.58 million a year ago. Revenue was TWD 1,400.52 million compared to TWD 1,347.58 million a year ago. Net income was TWD 135.9 million compared to TWD 193.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.62 compared to TWD 2.3 a year ago. Diluted earnings per share from continuing operations was TWD 1.61 compared to TWD 2.29 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.