Hung Chou Fiber Ind. Co., Ltd Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 03, 2023 at 04:52 pm
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Hung Chou Fiber Ind. Co., Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 449 million compared to TWD 889.01 million a year ago. Revenue was TWD 448.48 million compared to TWD 888.53 million a year ago. Net loss was TWD 34.66 million compared to net income of TWD 66.62 million a year ago. Basic loss per share from continuing operations was TWD 0.26 compared to basic earnings per share from continuing operations of TWD 0.5 a year ago.
For the six months, sales was TWD 918.13 million compared to TWD 1,781.06 million a year ago. Revenue was TWD 916.23 million compared to TWD 1,776.79 million a year ago. Net loss was TWD 69.56 million compared to net income of TWD 112.09 million a year ago. Basic loss per share from continuing operations was TWD 0.53 compared to basic earnings per share from continuing operations of TWD 0.85 a year ago.
HUNG CHOU FIBER IND. CO., LTD is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The products of the Company include polyester granules, polyester filaments and polyester textured yarns. Its products are applied in the manufacture of apparels for men and women, causal apparels, sportswear products and industrial products, among others. The Company operates its businesses in Taiwan and Asia.