King Chou Marine Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 08, 2020 at 08:05 pm
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King Chou Marine Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 766.028 million compared to TWD 743.185 million a year ago. Operating income was TWD 124.115 million compared to TWD 76.716 million a year ago. Net income was TWD 158.882 million compared to TWD 71.146 million a year ago. Basic earnings per share was TWD 1.89 compared to TWD 0.85 a year ago. Diluted earnings per share was TWD 1.88 compared to TWD 0.84 a year ago. For the nine months, total revenue was TWD 1,937.426 million compared to TWD 2,107.531 million a year ago. Operating income was TWD 265.757 million compared to TWD 254.113 million a year ago. Net income was TWD 268.279 million compared to TWD 211.903 million a year ago. Basic earnings per share was TWD 3.19 compared to TWD 2.52 a year ago. Diluted earnings per share was TWD 3.17 compared to TWD 2.51 a year ago.
King Chou Marine Technology Co., Ltd. is principally engaged in the manufacture and sales of nets for marine and onshore use. The Companyâs principal products include fishing nets, aquaculture nets, camouflage nets for military industry, safety nets for construction works, sports nets for golf courses and baseball fields, as well as agricultural nets for cultivation activities. The Company mainly operates through five business segments: Taiwan King Chou, Kunshan King Chou, Kunshan King Da, Vietnam King Chou and the others. The Company is also involved in the trading of metal parts, raw yarns and fishing net machinery equipment. The Company mainly distributes its products in domestic market and to overseas markets, including Asia, America and Europe.
KING CHOU MARINE TECHNOLOGY CO., LTD. 
