King Chou Marine Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 10, 2023 at 05:06 am EST
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King Chou Marine Technology 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 800.85 million compared to TWD 916.56 million a year ago. Net income was TWD 86.41 million compared to TWD 121.36 million a year ago. Basic earnings per share from continuing operations was TWD 1.03 compared to TWD 1.44 a year ago. Diluted earnings per share from continuing operations was TWD 1.03 compared to TWD 1.44 a year ago.
For the nine months, sales was TWD 2,228.33 million compared to TWD 2,317.08 million a year ago. Net income was TWD 225.78 million compared to TWD 257.26 million a year ago. Basic earnings per share from continuing operations was TWD 2.69 compared to TWD 3.06 a year ago. Diluted earnings per share from continuing operations was TWD 2.68 compared to TWD 3.05 a year ago.
King Chou Marine Technology Co., Ltd. is principally engaged in the manufacture and sales of nets for marine and onshore use. The Companyâs principal products include fishing nets, aquaculture nets, camouflage nets for military industry, safety nets for construction works, sports nets for golf courses and baseball fields, as well as agricultural nets for cultivation activities. The Company mainly operates through five business segments: Taiwan King Chou, Kunshan King Chou, Kunshan King Da, Vietnam King Chou and the others. The Company is also involved in the trading of metal parts, raw yarns and fishing net machinery equipment. The Company mainly distributes its products in domestic market and to overseas markets, including Asia, America and Europe.
KING CHOU MARINE TECHNOLOGY CO., LTD. 
