King Chou Marine Technology Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 08, 2019 at 01:37 am IST
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King Chou Marine Technology Co. Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 767.102 million compared to TWD 923.357 million a year ago. Operating income was TWD 103.241 million compared to TWD 146.890 million a year ago. Net income was TWD 91.919 million compared to TWD 126.015 million a year ago. Basic earnings per share was TWD 1.09 compared to TWD 1.51 a year ago. For the half year, sales was TWD 1,364.346 million compared to TWD 1,616.944 million a year ago. Operating income was TWD 177.397 million compared to TWD 235.566 million a year ago. Net income was TWD 140.757 million compared to TWD 173.794 million a year ago. Basic earnings per share was TWD 1.68 compared to TWD 2.08 a year ago. Diluted earnings per share was TWD 1.67 compared to TWD 2.07 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.
KING CHOU MARINE TECHNOLOGY CO., LTD. 
