Allied Industrial Corp., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 09:54 am
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Allied Industrial Corp., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 227.905 million compared to TWD 264.098 million a year ago. Operating loss was TWD 7.402 million compared to TWD 11.764 million a year ago. Net loss was TWD 5.841 million compared to net income of TWD 32.121 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.44 a year ago. For the nine months, sales was TWD 757.419 million compared to TWD 748.268 million a year ago. Operating loss was TWD 29.664 million compared to operating Income of TWD 2.989 million a year ago. Net loss was TWD 5.346 million compared to net income of TWD 57.657 million a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 0.8 a year ago.
Allied Industrial Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of dyes. The Company mainly provides dyes and food additives. The Companyâs dyes consist of disperse dyes, reactive dyes, acid dyes, basic dyes, dyeing and finishing auxiliaries and others. The Companyâs products are used in the dyeing and printing of fibers and synthetic fibers, such as acetic acid, polyester, nylon, wool, silk and cotton. The Company distributes its products within the domestic market and to overseas markets, including Asia, the Middle East and others.
ALLIED INDUSTRIAL CORP., LTD. 
