Kenmec Mechanical Engineering Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Kenmec Mechanical Engineering Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,187.56 million compared to TWD 1,052.92 million a year ago. Revenue was TWD 1,187.56 million compared to TWD 1,052.92 million a year ago. Net income was TWD 122.3 million compared to net loss of TWD 74.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.5 compared to basic loss per share from continuing operations of TWD 0.3 a year ago. Diluted earnings per share from continuing operations was TWD 0.49 compared to diluted loss per share from continuing operations of TWD 0.3 a year ago.
KENMEC MECHANICAL ENGINEERING CO., LTD. is a Taiwan-based company primarily engaged in the research, development, production and sales of solar cells. The Company mainly operates through four business segments. The Automation Business segment is mainly engaged in the production, sales, installation and leasing of automated assembly line equipment and related supporting facilities. The Solar Power Generation Systems segment is mainly engaged in the manufacture of power generation, transmission and distribution equipment, as well as wireless communications equipment. The Electronic Components segment is principally engaged in the manufacture of electronic components. The Others segment is mainly engaged in the solar water heaters and real estates businesses.