Kenmec Mechanical Engineering Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023
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Kenmec Mechanical Engineering Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,711 million compared to TWD 1,350.99 million a year ago. Revenue was TWD 1,711 million compared to TWD 1,350.99 million a year ago. Net income was TWD 198.66 million compared to TWD 156.44 million a year ago. Basic earnings per share from continuing operations was TWD 0.8 compared to TWD 0.63 a year ago. Diluted earnings per share from continuing operations was TWD 0.8 compared to TWD 0.63 a year ago.
For the six months, sales was TWD 3,049.99 million compared to TWD 2,538.55 million a year ago. Revenue was TWD 3,049.99 million compared to TWD 2,538.55 million a year ago. Net income was TWD 270.7 million compared to TWD 278.73 million a year ago. Basic earnings per share from continuing operations was TWD 1.09 compared to TWD 1.13 a year ago. Diluted earnings per share from continuing operations was TWD 1.09 compared to TWD 1.13 a year ago.
KENMEC MECHANICAL ENGINEERING CO., LTD. is a Taiwan-based company primarily engaged in the research, development, production and sales of solar cells. The Company mainly operates through four business segments. The Automation Business segment is mainly engaged in the production, sales, installation and leasing of automated assembly line equipment and related supporting facilities. The Solar Power Generation Systems segment is mainly engaged in the manufacture of power generation, transmission and distribution equipment, as well as wireless communications equipment. The Electronic Components segment is principally engaged in the manufacture of electronic components. The Others segment is mainly engaged in the solar water heaters and real estates businesses.