Kaori Heat Treatment Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 07, 2018 at 11:36 am EST
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Kaori Heat Treatment Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 552.733 million compared to TWD 411.014 million a year ago. Operating income was TWD 73.743 million compared to TWD 27.518 million a year ago. Net income was TWD 66.104 million compared to TWD 18.895 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 0.21 a year ago.
For the nine months, sales was TWD 1,457.368 million compared to TWD 1,289.783 million a year ago. Operating income was TWD 215.868 million compared to TWD 95.217 million a year ago. Net income was TWD 208.214 million compared to TWD 37.767 million a year ago. Basic earnings per share was TWD 2.33 compared to TWD 0.42 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. 
