Kaulin Mfg. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 02:17 pm IST
Share
Kaulin Mfg. Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 360.2 million compared to TWD 493.9 million a year ago. Net income was TWD 83.82 million compared to TWD 65.57 million a year ago. Basic earnings per share from continuing operations was TWD 0.1 compared to TWD 0.37 a year ago. Diluted earnings per share from continuing operations was TWD 0.1 compared to TWD 0.37 a year ago. Basic earnings per share was TWD 0.46 compared to TWD 0.36 a year ago. Diluted earnings per share was TWD 0.46 compared to TWD 0.36 a year ago.
For the nine months, sales was TWD 1,101.51 million compared to TWD 1,669.45 million a year ago. Net income was TWD 41.27 million compared to TWD 206.25 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to basic earnings per share from continuing operations of TWD 1.04 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to diluted earnings per share from continuing operations of TWD 1.04 a year ago. Basic earnings per share was TWD 0.23 compared to TWD 1.13 a year ago. Diluted earnings per share was TWD 0.23 compared to TWD 1.13 a year ago.
KAULIN MFG CO., LTD. is a Taiwan-based company principally engaged in the processing, manufacturing, assembly and sales of sewing machines and related spare parts. The Company's principal products include the overlock machines, needles interlock machines, portable overcasting stitches machines and other multi-needle overcasting stitches machines. The Company mainly distributes its products in Taiwan and overseas markets.