King Chou Marine Technology Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 20, 2020 at 02:28 am IST
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King Chou Marine Technology Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 2,906.766 million compared to TWD 3,345.575 million a year ago. Operating income was TWD 364.659 million compared to TWD 493.412 million a year ago. Net income was TWD 301.241 million compared to TWD 368.060 million a year ago. Basic earnings per share was TWD 3.59 compared to TWD 4.41 a year ago. Diluted earnings per share was TWD 3.57 compared to TWD 4.38 a year ago.
King Chou Marine Technology Co., Ltd. is principally engaged in the manufacture and sales of nets for marine and onshore use. The Companyâs principal products include fishing nets, aquaculture nets, camouflage nets for military industry, safety nets for construction works, sports nets for golf courses and baseball fields, as well as agricultural nets for cultivation activities. The Company mainly operates through five business segments: Taiwan King Chou, Kunshan King Chou, Kunshan King Da, Vietnam King Chou and the others. The Company is also involved in the trading of metal parts, raw yarns and fishing net machinery equipment. The Company mainly distributes its products in domestic market and to overseas markets, including Asia, America and Europe.