KENT Industrial Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 04:01 am EDT
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KENT Industrial 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 213.96 million compared to TWD 246.82 million a year ago. Net income was TWD 29.9 million compared to TWD 40.58 million a year ago. Basic earnings per share from continuing operations was TWD 0.27 compared to TWD 0.42 a year ago. Diluted earnings per share from continuing operations was TWD 0.27 compared to TWD 0.42 a year ago.
For the six months, sales was TWD 388.92 million compared to TWD 459.95 million a year ago. Net income was TWD 47.15 million compared to TWD 66.15 million a year ago. Basic earnings per share from continuing operations was TWD 0.45 compared to TWD 0.68 a year ago. Diluted earnings per share from continuing operations was TWD 0.45 compared to TWD 0.68 a year ago.
KENT INDUSTRIAL CO.,LTD. a Taiwan-based company mainly engaged in the provision of grinding machines. The Company's products include surface grinders, digital controlled grinders, double column surface grinders, cylindrical grinders, disc grinders, various grinding special machines, vertical cutting center machines, and double column cutting center machines. The Company distributes its products under the KENT brand, mainly in the United States, Japan, Italy, Germany, France, the United Kingdom, Spain, Thailand and other countries.
KENT INDUSTRIAL CO.,LTD. 
