Kuen Ling Machinery Refrigerating Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 01:51 am
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Kuen Ling Machinery Refrigerating Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 649.79 million compared to TWD 550.53 million a year ago. Net income was TWD 31.76 million compared to TWD 18.63 million a year ago.
Basic earnings per share from continuing operations was TWD 0.42 compared to TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 0.41 compared to TWD 0.24 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.