Tah Tong Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 01:17 pm
Share
Tah Tong Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 362.061 million compared to TWD 336.535 million a year ago. Operating loss was TWD 78.491 million compared to TWD 45.435 million a year ago. Net loss was TWD 71.151 million compared to TWD 62.147 million a year ago. Basic loss per share was TWD 0.71 compared to TWD 0.62 a year ago. For the nine months, sales was TWD 1,097.655 million compared to TWD 1,205.666 million a year ago. Operating loss was TWD 230.573 million compared to TWD 160.240 million a year ago. Net loss was TWD 235.084 million compared to net income of TWD 1,060.497 million a year ago. Basic loss per share was TWD 2.33 compared to basic earnings per share of TWD 10.6 a year ago. Diluted loss per share was TWD 2.33 compared to diluted earnings per share of TWD 10.41 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.