Kuangli Photoelectric Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 30, 2022 at 09:42 pm EDT
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Kuangli Photoelectric Technology 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 61.99 million compared to TWD 52.78 million a year ago. Net loss was TWD 25.22 million compared to net income of TWD 38.06 million a year ago. Basic loss per share from continuing operations was TWD 0.44 compared to basic earnings per share from continuing operations of TWD 1.17 a year ago. Diluted loss per share from continuing operations was TWD 0.44 compared to diluted earnings per share from continuing operations of TWD 1.17 a year ago. Basic loss per share was TWD 0.44 compared to basic earnings per share of TWD 0.75 a year ago. Diluted loss per share was TWD 0.44 compared to diluted earnings per share of TWD 0.75 a year ago.
For the six months, sales was TWD 122.11 million compared to TWD 52.78 million a year ago. Net loss was TWD 53.93 million compared to net income of TWD 35.79 million a year ago. Basic loss per share from continuing operations was TWD 0.97 compared to basic earnings per share from continuing operations of TWD 1.11 a year ago. Diluted loss per share from continuing operations was TWD 0.97 compared to diluted earnings per share from continuing operations of TWD 1.11 a year ago. Basic loss per share was TWD 0.97 compared to basic earnings per share of TWD 0.72 a year ago. Diluted loss per share was TWD 0.97 compared to diluted earnings per share of TWD 0.72 a year ago.
Kuangli Bio Tech Holdings Co Ltd is a Taiwan-based company principally engaged in the processing of optical glass. The Company's main products include smart phone cover glass, tablet cover glass, mobile phone and tablet camera lens, acrylic material plexiglass and other flat panels, as well as open-molded polymethyl methacrylate (PMMA)/polyethylene glycol terephthalate (PET) decoration products. The Company mainly distributes its products in domestic market and to overseas markets, such as Mainland China and Korea.