Sealed lead-acid battery (SLB) maker Kung Long Batteries Industrial (KLB) is presently having an order visibility for one to 2 months and expects extra orders will come within the second half, in line with the corporate.
KLB shipped 27.456 million SLBs in 2018, rising 7.98% on yr. The firm posted consolidated revenues of NT$8.49 billion (US$276 million), gross margin of 21.57%, web working revenue of NT$1.243 billion, web revenue of NT$983 million and web EPS of NT$12.03 for 2018, and has determined to distribute a money dividend per share of NT$10.
Among software for SLBs, UPS energy provides accounted for 68% of its 2018 consolidated revenues, starter batteries utilized in bikes and vehicles 16%, electrical autos 10% and others 6%. Shipments to Europe contributed 24.6% in consolidated revenues, North and Latin Americas 20.6%, Vietnam 22.4%, Taiwan 5.8%, different Asia nations mixed 24.6% and others 2%. Shipments for own-brand sale took up 51% of the corporate’s consolidated revenues, whereas OEM shipments commanded 49%.
KLB, having shipments of 6.072 million SLBs within the first quarter of 2019, introduced in consolidated revenues of NT$2.008 billion for the interval, rising 1.22% on yr.
KLB has obtained orders for starter SLBs from a Japan-based bike maker with month-to-month shipments anticipated to extend from 120,000 items at current to 150,000 items within the second half of 2019. KLB may even take part in open bids hosted by telecom carriers in Vietnam for UPS energy provide orders this yr.
KLB has two factories in Taiwan and two in Vietnam. The firm is seeking to set up automated gear for its manufacturing traces and also will begin creating lightweight SLB merchandise.
