Kung Long Batteries Industrial Co.,Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 06:49 pm EDT
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Kung Long Batteries Industrial Co.,Ltd announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,944.881 million compared to TWD 1,688.292 million a year ago. Operating income was TWD 279.620 million compared to TWD 280.239 million a year ago. Net income was TWD 201.273 million compared to TWD 195.886 million a year ago. Basic earnings per share was TWD 2.46 compared to TWD 2.4 a year ago. Diluted earnings per share was TWD 2.46 compared to TWD 2.39 a year ago. For the half year, sales was TWD 3,640.839 million compared to TWD 3,393.325 million a year ago. Operating income was TWD 555.231 million compared to TWD 530.857 million a year ago. Net income was TWD 428.129 million compared to TWD 405.864 million a year ago. Basic earnings per share was TWD 5.23 compared to TWD 4.96 a year ago. Diluted earnings per share was TWD 5.22 compared to TWD 4.94 a year ago.
KUNG LONG BATTERIES INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing, assembly and trading of storage batteries. The Companyâs primary products include sealed lighting batteries, locomotive batteries, automobile batteries and related raw materials. The Companyâs products are mainly used in uninterruptible power supply (UPS) devices, medical equipment, communication devices, firefighting equipment, wireless telephone apparatuses, lightening products, electronic equipment and toy cars, among others. The Company operates through three business segments: Taiwan segment, Vietnam segment and others segment. The Company mainly distributes its products within domestic market and to overseas markets, including the Americas, Europe, the rest of Asia and others.
KUNG LONG BATTERIES INDUSTRIAL CO.,LTD 
