Kuen Ling Machinery Refrigerating Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 04:52 pm
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Kuen Ling Machinery Refrigerating Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,606.787 million compared to TWD 2,677.510 million a year ago. Operating income was TWD 241.029 million compared to TWD 195.268 million a year ago. Net income was TWD 206.980 million compared to TWD 163.270 million a year ago. Basic earnings per share was TWD 2.72 compared to TWD 2.14 a year ago. Diluted earnings per share was TWD 2.67 compared to TWD 2.11 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.