Tah Tong Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:44 pm
Share
Tah Tong Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 307.836 million compared to TWD 356.936 million a year ago. Operating loss was TWD 104.004 million compared to TWD 85.846 million a year ago. Net loss was TWD 92.386 million compared to TWD 94.348 million a year ago. Basic loss per share was TWD 0.92 compared to TWD 0.94 a year ago. For the half year, sales was TWD 788.826 million compared to TWD 735.594 million a year ago. Operating loss was TWD 193.857 million compared to TWD 152.082 million a year ago. Net loss was TWD 194.064 million compared to TWD 163.933 million a year ago. Basic loss per share was TWD 1.93 compared to TWD 1.63 a year ago.
TAH TONG TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. Its products include yarns and fabrics. Its yarn products include pure cotton yarns, functional blended yarns, core spun yarns and slub yarns, among others. Its fabric products include cotton gray fabrics, blended gray fabrics, elastic gray fabrics, finished fabrics, knitting fabrics and other functional fabrics, among others. The Companyâs products are mainly applied in the manufacture of apparels. The Company operates businesses in Taiwan, Japan, Hong Kong, China, Europe and America, among others.