Hung Chou Fiber Ind. Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2019
October 29, 2019 at 10:00 am
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Hung Chou Fiber Ind. Co. Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 708.646 million compared to TWD 957.128 million a year ago. Operating income was TWD 7.823 million compared to TWD 42.980 million a year ago. Net income was TWD 8.116 million compared to TWD 45.755 million a year ago. Basic earnings per share was TWD 0.06 compared to TWD 0.35 a year ago. For the nine months, sales was TWD 2,410.415 million compared to TWD 2,735.891 million a year ago. Operating income was TWD 72.683 million compared to TWD 154.300 million a year ago. Net income was TWD 82.524 million compared to TWD 177.740 million a year ago. Basic earnings per share was TWD 0.62 compared to TWD 1.35 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.