Shinkong Textile Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 03:01 pm
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Shinkong Textile Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 2,083.581 million compared to TWD 1,605.981 million a year ago. Operating income was TWD 113.409 million compared to operating loss of TWD 23.768 million a year ago. Net income was TWD 387.431 million compared to TWD 282.546 million a year ago. Basic earnings per share was TWD 1.29 compared to TWD 0.94 a year ago.
SHINKONG TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include garments, high performance outdoor fabrics, high performance sports fabrics, fashion fabrics and multifunctional blended fabrics. The Company operates through three segments. The Marketing segment is engaged in the sales of finished fabrics and exporting businesses. The Retailing segment is engaged in the agency of PGA TOUR brand and ADIDAS GOLF brand, the proprietary operation of ARTIFACTS brand and ART HAUS brand, as well as the design and manufacture of group uniforms. The Construction segment is engaged in the land development businesses and the leasing and sales of properties. The Company operates businesses in Taiwan, Vietnam and China, among others.
SHINKONG TEXTILE CO.,LTD 
