Kao Fong Machinery Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 11, 2018 at 11:00 pm IST
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Kao Fong Machinery Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 791.828 million compared to TWD 817.481 million a year ago. Operating income was TWD 29.372 million compared to TWD 40.122 million a year ago. Net income was TWD 101.254 million compared to TWD 64.558 million a year ago. Basic earnings per share was TWD 0.94 compared to TWD 0.6 a year ago. Diluted earnings per share was TWD 0.93 compared to TWD 0.6 a year ago.
For the nine months, sales was TWD 2,195.512 million compared to TWD 2,032.759 million a year ago. Operating income was TWD 53.705 million compared to TWD 87.585 million a year ago. Net income was TWD 122.643 million compared to TWD 78.130 million a year ago. Basic earnings per share was TWD 1.14 compared to TWD 0.72 a year ago. Diluted earnings per share was TWD 1.13 compared to TWD 0.72 a year ago.
KAO FONG MACHINERY CO., LTD is a Taiwan-based company principally engaged in the manufacture and distribution of machine tools and machinery equipment. The Company's products mainly consist of vertical machining centers, horizontal machining centers, as well as gantry-type processing centers. The Company's products are applied in the processing of precision metal components, automotive components, electronic components, molds, semiconductor products and others. The Company distributes its products in Taiwan, the Americas and the rest of Asia.
KAO FONG MACHINERY CO., LTD 
