Taihan Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:32 am
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Taihan Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 339 million compared to KRW 457.53 million a year ago. Net loss was KRW 488.24 million compared to KRW 647.86 million a year ago. Basic loss per share from continuing operations was KRW 135 compared to KRW 179 a year ago. Basic loss per share was KRW 135 compared to KRW 179 a year ago.
For the nine months, sales was KRW 830.73 million compared to KRW 1,513.67 million a year ago. Net loss was KRW 1,990.85 million compared to KRW 4,724.03 million a year ago. Basic loss per share from continuing operations was KRW 551 compared to KRW 1,308 a year ago. Basic loss per share was KRW 551 compared to KRW 1,308 a year ago.
TAIHANTEXTILE CO., LTD is a Korea-based company mainly engaged in the weaving, spinning and dyeing of fabrics. The Company operates its business in two segments: textile and construction. Its textile segment produces yarns such as cotton yarns, fancy yarns, vortex spinning yarns, velour yarns, melange yarns and slub yarns used for undershirts under the brand name of White Horse, as well as fabrics such as cotton woven fabrics and knit fabrics used for military uniforms, bedding interiors, shirts and jackets under the brand name RAINBOW. Its construction segment is mainly engaged in the construction of apartments. The Company distributes its products within domestic market and to overseas markets.
TAIHAN TEXTILE CO., LTD. 
