Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 11, 2019 at 02:36 pm
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Taiwan Taffeta Fabric Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 511.886 million compared to TWD 504.608 million a year ago. Operating income was TWD 26.649 million compared to TWD 16.443 million a year ago. Net income was TWD 23.900 million compared to TWD 25.297 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.19 a year ago. For the half year, sales was TWD 983.923 million compared to TWD 962.694 million a year ago. Operating income was TWD 32.802 million compared to TWD 18.155 million a year ago. Net income was TWD 32.765 million compared to TWD 26.053 million a year ago. Basic earnings per share was TWD 0.26 compared to TWD 0.2 a year ago.
TAIWAN TAFFETA FABRIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of fabrics and yarn products. The businesses of the Company include the manufacture, sales and trading of finished polyester fabrics, the manufacture, sales and trading of polyester gray fabrics, the trading of yarn materials, the provision of original equipment manufacturer (OEM) services, as well as the development, leasing and sales of residential properties. The Company operates through four segments, including cotton mill segment, fabric mill segment, construction segment and accessories and garments segment. The Company operates businesses in domestic market and other markets, such as Asia, Europe, America and Africa.