King Slide Works Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 07, 2022 at 09:14 pm EDT
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King Slide Works Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,936.64 million compared to TWD 1,490.06 million a year ago. Net income was TWD 999.1 million compared to TWD 384.81 million a year ago. Basic earnings per share from continuing operations was TWD 10.48 compared to TWD 4.03 a year ago. Diluted earnings per share from continuing operations was TWD 10.42 compared to TWD 4.02 a year ago.
For the six months, sales was TWD 3,660.16 million compared to TWD 2,766.82 million a year ago. Net income was TWD 1,908.93 million compared to TWD 818.08 million a year ago. Basic earnings per share from continuing operations was TWD 20.03 compared to TWD 8.58 a year ago. Diluted earnings per share from continuing operations was TWD 19.81 compared to TWD 8.54 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.