Koan Hao Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:59 am
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Koan Hao Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 150.49 million compared to TWD 185.97 million a year ago. Net income was TWD 27.49 million compared to TWD 24.77 million a year ago. Basic earnings per share from continuing operations was TWD 0.35 compared to TWD 0.32 a year ago. Diluted earnings per share from continuing operations was TWD 0.35 compared to TWD 0.32 a year ago.
For the six months, sales was TWD 304.17 million compared to TWD 358.04 million a year ago. Net income was TWD 25.4 million compared to TWD 58.84 million a year ago. Basic earnings per share from continuing operations was TWD 0.32 compared to TWD 0.75 a year ago. Diluted earnings per share from continuing operations was TWD 0.32 compared to TWD 0.75 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.