Kuen Ling Refrigerating Machinery Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 01:44 pm
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Kuen Ling Refrigerating Machinery Co.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 629.125 million compared to TWD 700.250 million a year ago. Operating income was TWD 36.643 million compared to TWD 55.897 million a year ago. Net income was TWD 32.175 million compared to TWD 49.002 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.64 a year ago. For the half year, sales was TWD 1,190.306 million compared to TWD 1,338.171 million a year ago. Operating income was TWD 61.029 million compared to TWD 104.083 million a year ago. Net income was TWD 53.046 million compared to TWD 87.161 million a year ago. Basic earnings per share was TWD 0.7 compared to TWD 1.14 a year ago. Diluted earnings per share was TWD 0.69 compared to TWD 1.14 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.
KUEN LING MACHINERY REFRIGERATING CO., LTD. 
