Koan Hao Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022
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Koan Hao Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 171.19 million compared to TWD 172.54 million a year ago. Net income was TWD 62.69 million compared to net loss of TWD 5.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to basic loss per share from continuing operations of TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 0.8 compared to diluted loss per share from continuing operations of TWD 0.07 a year ago.
For the nine months, sales was TWD 529.23 million compared to TWD 573.19 million a year ago. Net income was TWD 121.53 million compared to TWD 5.78 million a year ago. Basic earnings per share from continuing operations was TWD 1.55 compared to TWD 0.07 a year ago. Diluted earnings per share from continuing operations was TWD 1.54 compared to TWD 0.07 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.