Kenly Precision Industrial Co., LTD. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 05:13 pm EDT
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Kenly Precision Industrial Co., LTD. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 316.63 million compared to TWD 350.64 million a year ago. Net loss was TWD 32.61 million compared to TWD 4.39 million a year ago. Basic loss per share from continuing operations was TWD 0.41 compared to TWD 0.06 a year ago.
For the nine months, sales was TWD 999.21 million compared to TWD 1,186.46 million a year ago. Net loss was TWD 72.04 million compared to net income of TWD 23.95 million a year ago. Basic loss per share from continuing operations was TWD 0.91 compared to basic earnings per share from continuing operations of TWD 0.3 a year ago.
Kenly Precision Industrial Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of lead frames for optoelectronic products, as well as heat spreaders for semiconductor packaging. The Companyâs primary products include manufactures surface mount device (SMD) light emitting diodes (LEDs) lead frames, connector contactors, relays, thermistors, diodes lead frames and transistors lead frames. The Company mainly distributes its products in Taiwan and other Asian markets.