Kaori Heat Treatment Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 09, 2021 at 05:36 pm EDT
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Kaori Heat Treatment Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 587.912 million compared to TWD 473.801 million a year ago. Operating income was TWD 77.440 million compared to TWD 33.198 million a year ago. Net income was TWD 53.590 million compared to TWD 22.226 million a year ago. Basic earnings per share from continuing operations was TWD 0.6 compared to TWD 0.25 a year ago. For the half year, sales was TWD 1,091.669 million compared to TWD 1,021.995 million a year ago. Operating income was TWD 114.674 million compared to TWD 89.544 million a year ago. Net income was TWD 71.868 million compared to TWD 77.743 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to TWD 0.87 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. 
