Kuen Ling Machinery Refrigerating Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 11:54 am
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Kuen Ling Machinery Refrigerating Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 559.602 million compared to TWD 633.176 million a year ago. Operating income was TWD 29.897 million compared to TWD 32.429 million a year ago. Net income was TWD 24.409 million compared to TWD 30.692 million a year ago. Basic earnings per share was TWD 0.32 compared to TWD 0.4 a year ago. For the nine months, sales was TWD 1,788.812 million compared to TWD 1,823.482 million a year ago. Operating income was TWD 144.710 million compared to TWD 93.457 million a year ago. Net income was TWD 132.466 million compared to TWD 83.737 million a year ago. Basic earnings per share was TWD 1.74 compared to TWD 1.1 a year ago. Diluted earnings per share was TWD 1.73 compared to TWD 1.09 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.
KUEN LING MACHINERY REFRIGERATING CO., LTD. 
