Koan Hao Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 02:46 pm
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Koan Hao Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 191.164 million compared to TWD 195.267 million a year ago. Operating loss was TWD 1.085 million compared to operating Income of TWD 8.962 million a year ago. Net income was TWD 91.344 million compared to TWD 47.054 million a year ago. Basic earnings per share was TWD 1.3 compared to TWD 0.67 a year ago. For the half year, sales was TWD 378.118 million compared to TWD 389.548 million a year ago. Operating income was TWD 6.019 million compared to TWD 20.128 million a year ago. Net income was TWD 108.988 million compared to TWD 48.597 million a year ago. Basic earnings per share was TWD 1.55 compared to TWD 0.69 a year ago.
Koan Hao Technology Co., Ltd., formerly Koan Hao Enterprise Co., Ltd., is a Taiwan-based company primarily engaged in the manufacture, processing and trade of self-adhesive labels, adhesive tapes and paper products. The Company's major products include general-purpose self-adhesive labels for printing of various types of trademarks, labels, security labels and advertising labels, adhesive tapes for general electronic plants, special adhesive tapes, general-purpose double-sided adhesive tapes, industrial paper and release paper for general industrial use, as well as special self-adhesive commodities, such as paper series, Tetolon series, polyvinyl chloride (PVC) series, laser label paper, among others. The Company distributes its products in domestic market and to overseas markets, including China mainland, Vietnam and other markets.