Kenmec Mechanical Engineering Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 12, 2023
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Kenmec Mechanical Engineering 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 1,533.52 million compared to TWD 1,481.43 million a year ago. Revenue was TWD 1,533.52 million compared to TWD 1,481.43 million a year ago. Net income was TWD 49.91 million compared to TWD 93.55 million a year ago. Basic earnings per share from continuing operations was TWD 0.2 compared to TWD 0.38 a year ago. Diluted earnings per share from continuing operations was TWD 0.2 compared to TWD 0.38 a year ago.
For the nine months, sales was TWD 4,583.51 million compared to TWD 4,019.98 million a year ago. Revenue was TWD 4,583.51 million compared to TWD 4,019.98 million a year ago. Net income was TWD 320.62 million compared to TWD 372.29 million a year ago. Basic earnings per share from continuing operations was TWD 1.29 compared to TWD 1.51 a year ago. Diluted earnings per share from continuing operations was TWD 1.29 compared to TWD 1.5 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. 
