Kuen Ling Machinery Refrigerating Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 09:59 pm
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Kuen Ling Machinery Refrigerating Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 753.529 million compared to TWD 629.125 million a year ago. Operating income was TWD 101.775 million compared to TWD 36.643 million a year ago. Net income was TWD 86.812 million compared to TWD 32.175 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 0.42 a year ago. Diluted earnings per share was TWD 1.13 compared to TWD 0.42 a year ago. For the half year, sales was TWD 1,229.210 million compared to TWD 1,190.306 million a year ago. Operating income was TWD 114.813 million compared to TWD 61.029 million a year ago. Net income was TWD 108.057 million compared to TWD 53.046 million a year ago. Basic earnings per share was TWD 1.42 compared to TWD 0.7 a year ago. Diluted earnings per share was TWD 1.41 compared to TWD 0.69 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.