King Polytechnic Engineering Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:31 pm EST
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King Polytechnic Engineering Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 1,363.3 million compared to TWD 541.52 million a year ago. Net income was TWD 117.87 million compared to TWD 32.03 million a year ago. Basic earnings per share from continuing operations was TWD 1.58 compared to TWD 0.43 a year ago. Diluted earnings per share from continuing operations was TWD 1.57 compared to TWD 0.43 a year ago.
For the nine months, sales was TWD 3,663.54 million compared to TWD 1,604.37 million a year ago. Net income was TWD 251.1 million compared to TWD 86.79 million a year ago. Basic earnings per share from continuing operations was TWD 3.38 compared to TWD 1.17 a year ago. Diluted earnings per share from continuing operations was TWD 3.34 compared to TWD 1.15 a year ago.
King Polytechnic Engineering Co., Ltd. is a Taiwan-based company principally engaged in the provision of integrated engineering services. The Company is involved in the design and construction of civil engineering, steel structure, piping, equipment, apparatus, fire protection and environmental protection works for petrochemical and chemical engineering plants; the planning, design, construction, installation, test, operation and maintenance of clean room projects, piping, instrumentation control, electrical, air conditioning, fire protection, water supply and drainage works for high-tech industrial plants; the construction of civil engineering, and electrical and mechanical engineering works for utilities, such as subway, high-speed rails, government agencies and private commercial buildings, hotel, resorts and schools. The Company is also engaged in the design and construction of new energy projects. The Company mainly operates its businesses in domestic and overseas markets.