Hung Chou Fiber Ind. Co., Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 12:54 pm
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Hung Chou Fiber Ind. Co. Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 304.900 million compared to TWD 700.739 million a year ago. Operating loss was TWD 38.851 million compared to operating Income of TWD 7.823 million a year ago. Net loss was TWD 37.755 million compared to net income of TWD 8.116 million a year ago. Basic loss per share was TWD 0.29 compared to basic earnings per share of TWD 0.06 a year ago. For the nine months, total revenue was TWD 1,067.807 million compared to TWD 2,390.986 million a year ago. Operating loss was TWD 144.631 million compared to operating Income of TWD 72.683 million a year ago. Net loss was TWD 139.083 million compared to net income of TWD 82.524 million a year ago. Basic loss per share was TWD 1.05 compared to basic earnings per share of TWD 0.62 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.