King Polytechnic Engineering Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 04:44 pm
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King Polytechnic Engineering Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 392.655 million compared to TWD 387.082 million a year ago. Operating income was TWD 754,000 compared to operating loss of TWD 16.620 million a year ago. Net income was TWD 1.950 million compared to net loss of TWD 14.493 million a year ago. Basic earnings per share from continuing operations was TWD 0.03 compared to basic loss per share from continuing operations of TWD 0.18 a year ago. Basic earnings per share was TWD 0.03 compared to basic loss per share of TWD 0.21 a year ago. For the nine months, sales was TWD 1,384.140 million compared to TWD 1,416.536 million a year ago. Operating income was TWD 1.378 million compared to operating loss of TWD 53.195 million a year ago. Net income was TWD 139.278 million compared to net loss of TWD 35.243 million a year ago. Basic earnings per share from continuing operations was TWD 2.03 compared to basic loss per share from continuing operations of TWD 0.49 a year ago. Basic earnings per share was TWD 2.03 compared to basic loss per share of TWD 0.51 a year ago. Diluted earnings per share from continuing operations was TWD 2 compared to diluted loss per share from continuing operations of TWD 0.49 a year ago. Diluted earnings per share was TWD 2 compared to diluted loss per share of TWD 0.51 a year ago.
King Polytechnic Engineering Co., Ltd. is a Taiwan-based company principally engaged in the provision of integrated engineering services. The Company is involved in the design and construction of civil engineering, steel structure, piping, equipment, apparatus, fire protection and environmental protection works for petrochemical and chemical engineering plants; the planning, design, construction, installation, test, operation and maintenance of clean room projects, piping, instrumentation control, electrical, air conditioning, fire protection, water supply and drainage works for high-tech industrial plants; the construction of civil engineering, and electrical and mechanical engineering works for utilities, such as subway, high-speed rails, government agencies and private commercial buildings, hotel, resorts and schools. The Company is also engaged in the design and construction of new energy projects. The Company mainly operates its businesses in domestic and overseas markets.