Eclat Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 05, 2020 at 05:56 pm
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Eclat Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 5,464.297 million compared to TWD 6,939.327 million a year ago. Operating income was TWD 894.604 million compared to TWD 1,388.657 million a year ago. Net income was TWD 710.356 million compared to TWD 1,070.309 million a year ago. Basic earnings per share from continuing operations was TWD 2.59 compared to TWD 3.91 a year ago. Basic earnings per share was TWD 2.59 compared to TWD 3.9 a year ago. For the half year, sales was TWD 11,475.224 million compared to TWD 13,183.624 million a year ago. Operating income was TWD 1,817.232 million compared to TWD 2,497.594 million a year ago. Net income was TWD 1,406.968 million compared to TWD 1,971.244 million a year ago. Basic earnings per share from continuing operations was TWD 5.13 compared to TWD 7.19 a year ago. Basic earnings per share was TWD 5.13 compared to TWD 7.18 a year ago.
Eclat Textile Co Ltd is a Taiwan-based company principally engaged in the garments and fabrics business. The Companyâs primary products include active wear, performance wear, ready to wear, seamless wear, flexible knit fabrics, organic cotton fabrics, lyocell fiber fabrics, rayon fiber fabrics, polymer fiber fabrics, anti-bacterial fabrics and others. Its fabrics are mainly used in the production of sportswear, casual garments, underwear and swimsuits. The Company mainly operates through two business segments. The Knitted Fabrics segment is mainly engaged in the production and sale of knitted fabrics. The Ready-made Garments segment is mainly engaged in the manufacture, processing and trading of garments. The Company mainly operates its business in Taiwan, the Americas and other Asian markets.