Tainan Spinning Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 09, 2020 at 05:19 pm
Share
Tainan Spinning Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 3,562.690 million compared to TWD 5,854.588 million a year ago. Operating loss was TWD 343.099 million compared to TWD 84.562 million a year ago. Net loss was TWD 174.075 million compared to net income of TWD 94.673 million a year ago. Basic loss per share was TWD 0.11 compared to basic earnings per share of TWD 0.06 a year ago. For the half year, sales was TWD 8,600.574 million compared to TWD 11,619.975 million a year ago. Operating loss was TWD 321.511 million compared to TWD 225.388 million a year ago. Net loss was TWD 73.563 million compared to net income of TWD 122.783 million a year ago. Basic loss per share was TWD 0.04 compared to basic earnings per share of TWD 0.07 a year ago.
Tainan Spinning Co Ltd is a Taiwan-based company principally engaged in the manufacture, processing and sales of textile products. The products of the Company include cotton yarn, polyester cotton, polyester granules, ester granules for bottles, polyester filaments, finished polyester filaments and others. The Company operates businesses in China, South Korea, Southeast Asia, Japan, the Americas and others.
TAINAN SPINNING CO., LTD. 
