Kaori Heat Treatment Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 10, 2020 at 02:12 pm EDT
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Kaori Heat Treatment Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 548.194 million compared to TWD 531.703 million a year ago. Operating income was TWD 56.346 million compared to TWD 59.832 million a year ago. Net income was TWD 55.517 million compared to TWD 51.371 million a year ago. Basic earnings per share was TWD 0.62 compared to TWD 0.57 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. 
