Kung Sing Engineering Corporation reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,132.96 million compared to TWD 870.64 million a year ago. Net loss was TWD 17.6 million compared to net income of TWD 33.24 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to basic earnings per share from continuing operations of TWD 0.0636 a year ago. Diluted loss per share from continuing operations was TWD 0.04 compared to diluted earnings per share from continuing operations of TWD 0.0636 a year ago.
For the six months, sales was TWD 2,020.96 million compared to TWD 1,399.9 million a year ago. Net loss was TWD 31.28 million compared to net income of TWD 56.6 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to basic earnings per share from continuing operations of TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.06 compared to diluted earnings per share from continuing operations of TWD 0.11 a year ago.