King Slide Works Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 07, 2020 at 03:57 am EDT
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King Slide Works Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,178.430 million compared to TWD 1,103.667 million a year ago. Operating income was TWD 528.222 million compared to TWD 426.801 million a year ago. Net income was TWD 166.865 million compared to TWD 352.536 million a year ago. Basic earnings per share was TWD 1.75 compared to TWD 3.69 a year ago. For the half year, sales was TWD 2,339.550 million compared to TWD 2,253.123 million a year ago. Operating income was TWD 994.233 million compared to TWD 879.526 million a year ago. Net income was TWD 624.416 million compared to TWD 797.138 million a year ago. Basic earnings per share was TWD 6.55 compared to TWD 8.36 a year ago. Diluted earnings per share was TWD 6.54 compared to TWD 8.35 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. 
