King Slide Works Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 06, 2018 at 01:47 pm EST
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King Slide Works Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 1,065.786 million compared to TWD 1,003.538 million a year ago. Negative sales was TWD 405,000 compared to TWD 2.052 million a year ago. Operating income was TWD 409.056 million compared to TWD 379.342 million a year ago. Net income was TWD 400.051 million compared to TWD 333.013 million a year ago. Basic earnings per share was TWD 4.2 compared to TWD 3.5 a year ago. Diluted earnings per share was TWD 4.19 compared to TWD 3.49 a year ago.
For the nine months, sales was TWD 3,304.511 million compared to TWD 3,042.960 million a year ago. Negative sales was TWD 2.723 million compared to TWD 3.487 million a year ago. Operating income was TWD 1,283.507 million compared to TWD 1,220.080 million a year ago. Net income was TWD 1,289.228 million compared to TWD 587.563 million a year ago. Basic earnings per share was TWD 13.53 compared to TWD 6.17 a year ago. Diluted earnings per share was TWD 13.51 compared to TWD 6.16 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.
KING SLIDE WORKS CO., LTD. 
