Kuen Ling Machinery Refrigerating Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 04:44 pm
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Kuen Ling Machinery Refrigerating Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 475.681 million compared to TWD 561.181 million a year ago. Operating income was TWD 13.038 million compared to TWD 24.386 million a year ago. Net income was TWD 21.245 million compared to TWD 20.871 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.27 a year ago.
Kuen-Ling Refrigerating Machinery Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, installation and distribution of water chillers and condensing units. The Company provides chiller sets, including centrifugal water chillers, water-cooled screw chillers, water-cooled screw brine chillers, water-cooled heat recovery screw chillers, industrial water chillers, rooftop units, air-cooled ice-storage chillers, air-cooled packaged units, water-cooled flooded screw chillers, water source heat pumps, air-cooled screw chillers and others, as well as equipment, including ventilation equipment, refrigerating equipment, devices for ships, total heat exchangers, vacuum refrigerating dryers, ice-storage devices, ice makers, automatic chiller cleaners and others. The Company is also involved in the provision of equipment maintenance and protection. Its products are applied in the manufacture of air-conditioners.