Lan Fa Textile Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022
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Lan Fa Textile Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 599.91 million compared to TWD 598.87 million a year ago. Net loss was TWD 326.22 million compared to net income of TWD 149.45 million a year ago. Basic loss per share was TWD 1.03 compared to basic earnings per share of TWD 0.47 a year ago. Diluted loss per share was TWD 1.03 compared to diluted earnings per share of TWD 0.47 a year ago.
For the six months, sales was TWD 1,196.76 million compared to TWD 1,273.46 million a year ago. Net loss was TWD 240.18 million compared to net income of TWD 301.89 million a year ago. Basic loss per share was TWD 0.76 compared to basic earnings per share of TWD 0.95 a year ago. Diluted loss per share was TWD 0.76 compared to diluted earnings per share of TWD 0.95 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. 
