Lan Fa Textile Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 02, 2021 at 02:04 pm
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Lan Fa Textile Co.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 674.591 million compared to TWD 561.247 million a year ago. Operating income was TWD 8.081 million compared to operating loss of TWD 36.653 million a year ago. Net income was TWD 152.440 million compared to net loss of TWD 345.472 million a year ago. Basic earnings per share from continuing operations was TWD 0.48 compared to basic loss per share from continuing operations of TWD 1.09 a year ago.
LAN FA TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of textured polyester yarns. The Companyâs products include set yarns, stretch yarns, non-torque yarns, high-count yarns, less torque yarns, micro-fibers, non-sizing yarns, dimity-like yarns, fire-retardant finished yarns, matt yarns and environmental friendly yarns, among others. The Company operates through three segments, including false twisting plant in Chupei segment, false twisting plant in Hangzhou segment and others segment. The Company mainly operates businesses in the domestic market.
LAN FA TEXTILE CO., LTD. 
