Kenly Precision Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 07, 2019 at 03:07 pm EST
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Kenly Precision Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 257.331 million compared to TWD 338.391 million a year ago. Operating loss was TWD 30.369 million compared to operating Income of TWD 6.843 million a year ago. Net loss was TWD 31.795 million compared to TWD 8.498 million a year ago. Basic loss per share was TWD 0.64 compared to TWD 0.17 a year ago. For the nine months, total revenue was TWD 704.048 million compared to TWD 1,027.124 million a year ago. Operating loss was TWD 103.284 million compared to TWD 5.196 million a year ago. Net loss was TWD 98.264 million compared to TWD 42.480 million a year ago. Basic loss per share was TWD 1.99 compared to TWD 0.86 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.