King Polytechnic Engineering Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 06, 2020 at 03:15 pm EDT
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King Polytechnic Engineering Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 799.508 million compared to TWD 462.363 million a year ago. Operating income was TWD 9.632 million compared to operating loss of TWD 19.876 million a year ago. Net income was TWD 7.918 million compared to TWD 115.359 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 1.68 a year ago. Diluted earnings per share was TWD 0.11 compared to TWD 1.65 a year ago.
King Polytechnic Engineering Co., Ltd. is a Taiwan-based company principally engaged in the provision of integrated engineering services. The Company is involved in the design and construction of civil engineering, steel structure, piping, equipment, apparatus, fire protection and environmental protection works for petrochemical and chemical engineering plants; the planning, design, construction, installation, test, operation and maintenance of clean room projects, piping, instrumentation control, electrical, air conditioning, fire protection, water supply and drainage works for high-tech industrial plants; the construction of civil engineering, and electrical and mechanical engineering works for utilities, such as subway, high-speed rails, government agencies and private commercial buildings, hotel, resorts and schools. The Company is also engaged in the design and construction of new energy projects. The Company mainly operates its businesses in domestic and overseas markets.