Lily Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 10:10 am
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Lily Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 147.297 million compared to TWD 176.029 million a year ago. Operating income was TWD 14.861 million compared to TWD 20.442 million a year ago. Net income was TWD 1.457 million compared to TWD 27.309 million a year ago. Basic earnings per share from continuing operations was TWD 0.04 compared to TWD 0.23 a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.2 a year ago.
LILY TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The Company operates through two segments. The Textile segment is engaged in the production, weaving, processing, trading, biding and agency businesses of natural cotton, artificial fibers and chemical fibers. The Logistics segment is engaged in the warehouse storage, cargo handling and processing businesses. The Company mainly operates its businesses in Taiwan market.