Koan Hao Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 05, 2021 at 11:44 pm
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Koan Hao Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 172.54 million compared to TWD 212.44 million a year ago. Net loss was TWD 5.39 million compared to net income of TWD 14.57 million a year ago. Basic loss per share from continuing operations was TWD 0.07 compared to basic earnings per share from continuing operations of TWD 0.19 a year ago. Diluted loss per share from continuing operations was TWD 0.07 compared to diluted earnings per share from continuing operations of TWD 0.19 a year ago.
For the nine months, sales was TWD 573.19 million compared to TWD 574.63 million a year ago. Net income was TWD 5.78 million compared to TWD 40.59 million a year ago. Basic earnings per share from continuing operations was TWD 0.07 compared to TWD 0.52 a year ago. Diluted earnings per share from continuing operations was TWD 0.07 compared to TWD 0.52 a year ago.
Koan Hao Technology Co., Ltd., formerly Koan Hao Enterprise Co., Ltd., is a Taiwan-based company primarily engaged in the manufacture, processing and trade of self-adhesive labels, adhesive tapes and paper products. The Company's major products include general-purpose self-adhesive labels for printing of various types of trademarks, labels, security labels and advertising labels, adhesive tapes for general electronic plants, special adhesive tapes, general-purpose double-sided adhesive tapes, industrial paper and release paper for general industrial use, as well as special self-adhesive commodities, such as paper series, Tetolon series, polyvinyl chloride (PVC) series, laser label paper, among others. The Company distributes its products in domestic market and to overseas markets, including China mainland, Vietnam and other markets.