Kuen Ling Machinery Refrigerating Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 04:41 pm EST
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Kuen Ling Machinery Refrigerating Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 761.57 million compared to TWD 677.38 million a year ago. Net income was TWD 50.12 million compared to TWD 33.26 million a year ago. Basic earnings per share from continuing operations was TWD 0.66 compared to TWD 0.44 a year ago. Diluted earnings per share from continuing operations was TWD 0.66 compared to TWD 0.44 a year ago.
For the nine months, sales was TWD 1,962.8 million compared to TWD 1,788.9 million a year ago. Net income was TWD 102.4 million compared to TWD 95.4 million a year ago. Basic earnings per share from continuing operations was TWD 1.34 compared to TWD 1.25 a year ago. Diluted earnings per share from continuing operations was TWD 1.34 compared to TWD 1.25 a year ago.
Kuen-Ling Refrigerating Machinery Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, installation and distribution of water chillers and condensing units. The Company provides chiller sets, including centrifugal water chillers, water-cooled screw chillers, water-cooled screw brine chillers, water-cooled heat recovery screw chillers, industrial water chillers, rooftop units, air-cooled ice-storage chillers, air-cooled packaged units, water-cooled flooded screw chillers, water source heat pumps, air-cooled screw chillers and others, as well as equipment, including ventilation equipment, refrigerating equipment, devices for ships, total heat exchangers, vacuum refrigerating dryers, ice-storage devices, ice makers, automatic chiller cleaners and others. The Company is also involved in the provision of equipment maintenance and protection. Its products are applied in the manufacture of air-conditioners.