Thai Kin Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 09, 2020
Share
Thai Kin Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 336.654 million compared to TWD 278.168 million a year ago. Operating income was TWD 67.091 million compared to TWD 43.441 million a year ago. Net income was TWD 89.058 million compared to TWD 36.576 million a year ago. Basic earnings per share was TWD 2.66 compared to TWD 1.09 a year ago. For the nine months, sales was TWD 881.679 million compared to TWD 762.442 million a year ago. Operating income was TWD 170.414 million compared to TWD 117.265 million a year ago. Net income was TWD 182.336 million compared to TWD 120.765 million a year ago. Basic earnings per share was TWD 5.44 compared to TWD 3.83 a year ago.
THAI KIN CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and sale of home decoration castings. The Company is mainly engaged in the production of metal castings with zinc alloy and aluminum alloy as main materials, as well as other materials castings. The products are mainly used in cabinets, curtains and bathroom accessories. The Company distributes its products in domestic market and to overseas markets, including Thailand, United States, Europe and mainland China.