Kenmec Mechanical Engineering Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 06:48 pm EDT
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Kenmec Mechanical Engineering Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 1,031.973 million compared to TWD 1,014.032 million a year ago. Operating loss was TWD 250.349 million compared to operating Income of TWD 77.884 million a year ago. Net loss was TWD 85.303 million compared to TWD 1.089 million a year ago. Basic loss per share was TWD 0.35. For the half year, total revenue was TWD 2,084.895 million compared to TWD 1,885.018 million a year ago. Operating loss was TWD 398.465 million compared to operating Income of TWD 11.798 million a year ago. Net loss was TWD 159.577 million compared to TWD 63.595 million a year ago. Basic loss per share was TWD 0.64 compared to TWD 0.26 a year ago.
KENMEC MECHANICAL ENGINEERING CO., LTD. is a Taiwan-based company primarily engaged in the research, development, production and sales of solar cells. The Company mainly operates through four business segments. The Automation Business segment is mainly engaged in the production, sales, installation and leasing of automated assembly line equipment and related supporting facilities. The Solar Power Generation Systems segment is mainly engaged in the manufacture of power generation, transmission and distribution equipment, as well as wireless communications equipment. The Electronic Components segment is principally engaged in the manufacture of electronic components. The Others segment is mainly engaged in the solar water heaters and real estates businesses.