Kaori Heat Treatment Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 01:48 pm EDT
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Kaori Heat Treatment Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 2,076.359 million compared to TWD 2,083.280 million a year ago. Operating income was TWD 170.279 million compared to TWD 204.035 million a year ago. Net income was TWD 112.524 million compared to TWD 158.138 million a year ago. Basic earnings per share from continuing operations was TWD 1.26 compared to TWD 1.77 a year ago.
Kaori Heat Treatment Co Ltd is a Taiwan-based company mainly engaged in the heat treatment business. The main products include thermal energy products, plate heat exchangers, and metal products and processing. Thermal energy products include new energy fuel gas recombiners, core reactor furnace parts for refractory batteries, refrigerated air dryers, core reactor furnace parts for burner batteries, and others. The plate heat exchanger is mainly used in the refrigeration and air-conditioning industry, air pressure, hydraulic machinery industry, food industry, high frequency furnace industry, boiler industry, rubber and plastic industry, fuel cell, electric vehicle and other general industries. The processing of metal products is mainly for welding of automobile, locomotive and air-conditioning appliances, as well as annealing and solid solution of stainless steel pipes and electric heating pipes. The Company distributes products in domestic market and to overseas markets.
KAORI HEAT TREATMENT CO., LTD. 
