Kenmec Mechanical Engineering Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 05:17 pm EST
Share
Kenmec Mechanical Engineering Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 1,481.43 million compared to TWD 866.43 million a year ago. Revenue was TWD 1,481.43 million compared to TWD 866.43 million a year ago. Net income was TWD 93.55 million compared to net loss of TWD 51.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.38 compared to basic loss per share from continuing operations of TWD 0.21 a year ago. Diluted earnings per share from continuing operations was TWD 0.38 compared to diluted loss per share from continuing operations of TWD 0.21 a year ago.
For the nine months, sales was TWD 4,019.98 million compared to TWD 2,952.25 million a year ago. Revenue was TWD 4,019.98 million compared to TWD 2,952.25 million a year ago. Net income was TWD 372.29 million compared to net loss of TWD 212.35 million a year ago. Basic earnings per share from continuing operations was TWD 1.51 compared to basic loss per share from continuing operations of TWD 0.86 a year ago. Diluted earnings per share from continuing operations was TWD 1.5 compared to diluted loss per share from continuing operations of TWD 0.86 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.
KENMEC MECHANICAL ENGINEERING CO., LTD. 
