Kuen Ling Machinery Refrigerating Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 11:44 am
Share
Kuen Ling Machinery Refrigerating Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 475.681 million compared to TWD 561.181 million a year ago. Operating income was TWD 13.038 million compared to TWD 24.386 million a year ago. Net income was TWD 21.245 million compared to TWD 20.871 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.27 a year ago.
Kuen Ling Refrigerating Machinery Co Ltd is a Taiwan-based company mainly engaged in the production of chillers and condensing units. The main products include centrifugal chillers, full-liquid chillers, dry chillers, water-cooled brine machines, direct current variable frequency centrifugal chillers, water source heat pumps, air-cooled chillers and heat pumps, hot and cold water machines, air source water heaters. The products are mainly sold to original design manufacturing (ODM) and original equipment manufacturer (OEM) customers and refrigeration and air conditioning engineering companies. The Company is also engaged in the planning, design and construction of refrigeration and refrigeration systems, monitoring systems, planning, design and construction of ice storage systems, computer room air conditioning, chiller equipment maintenance services, and engineering project management. The products are mainly sold in Taiwan, mainland China, Vietnam, and other Southeast Asian regions.