King Slide Works Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 02:35 pm EST
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King Slide Works Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,197.928 million compared to TWD 1,242.332 million a year ago. Operating income was TWD 483.583 million compared to TWD 519.381 million a year ago. Net income was TWD 296.393 million compared to TWD 443.257 million a year ago. Basic earnings per share was TWD 3.11 compared to TWD 4.66 a year ago. Diluted earnings per share was TWD 3.11 compared to TWD 4.64 a year ago. For the nine months, sales was TWD 3,537.478 million compared to TWD 3,495.455 million a year ago. Operating income was TWD 1,477.816 million compared to TWD 1,398.907 million a year ago. Net income was TWD 920.809 million compared to TWD 1,240.395 million a year ago. Basic earnings per share was TWD 9.66 compared to TWD 13.02 a year ago. Diluted earnings per share was TWD 9.65 compared to TWD 12.99 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. 
