King Slide Works Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 01:55 pm EDT
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King Slide Works Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 1,276.761 million compared to TWD 1,161.120 million a year ago. Operating income was TWD 496.395 million compared to TWD 466.011 million a year ago. Net income was TWD 433.278 million compared to TWD 457.551 million a year ago. Basic earnings per share from continuing operations was TWD 4.55 compared to TWD 4.8 a year ago. Diluted earnings per share from continuing operations was TWD 4.52 compared to TWD 4.79 a year ago.
KING SLIDE WORKS CO.,LTD. is a Taiwan-based company principally engaged in the research, design, manufacture and sales of guide rails for servers and peripheral components. The Companyâs main products include various types of guide rails for servers and peripheral equipment, multi-purpose hinges, slides and other components. The Company's guide rails products are mainly used in servers, network communications, cloud data centers and peripheral equipment, as well as kitchenware products, and hinges and slides are used in furniture, steel cabinets, tool cabinets, office furniture, wooden furniture and other interior decoration and furnishing products. The Company distributes its products in domestic market and to overseas markets, including the United States, mainland China and others.