Koan Hao Technology Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:25 pm EST
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Koan Hao Technology Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 212.438 million compared to TWD 192.277 million a year ago. Operating income was TWD 35.438 million compared to TWD 10.404 million a year ago. Net income was TWD 14.569 million compared to TWD 8.048 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.1 a year ago. For the nine months, sales was TWD 574.633 million compared to TWD 570.395 million a year ago. Operating income was TWD 65.269 million compared to TWD 16.423 million a year ago. Net income was TWD 40.586 million compared to TWD 117.036 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 1.49 a year ago. Diluted earnings per share was TWD 0.52 compared to TWD 1.48 a year ago.
Koan Hao Technology Co., Ltd., formerly Koan Hao Enterprise Co., Ltd., is a Taiwan-based company primarily engaged in the manufacture, processing and trade of self-adhesive labels, adhesive tapes and paper products. The Company's major products include general-purpose self-adhesive labels for printing of various types of trademarks, labels, security labels and advertising labels, adhesive tapes for general electronic plants, special adhesive tapes, general-purpose double-sided adhesive tapes, industrial paper and release paper for general industrial use, as well as special self-adhesive commodities, such as paper series, Tetolon series, polyvinyl chloride (PVC) series, laser label paper, among others. The Company distributes its products in domestic market and to overseas markets, including China mainland, Vietnam and other markets.
KOAN HAO TECHNOLOGY CO., LTD. 
