Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 12:26 pm
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Taiwan Taffeta Fabric Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 470.032 million compared to TWD 495.706 million a year ago. Operating loss was TWD 6.259 million compared to TWD 6.153 million a year ago. Net income was TWD 3.447 million compared to TWD 493,000 a year ago. Basic earnings per share was TWD 0.03 compared to TWD 0 a year ago. For the nine months, sales was TWD 1,453.955 million compared to TWD 1,458.400 million a year ago. Operating income was TWD 26.543 million compared to TWD 12.002 million a year ago. Net income was TWD 36.212 million compared to TWD 26.546 million a year ago. Basic earnings per share was TWD 0.29 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.
TAIWAN TAFFETA FABRIC CO., LTD. 
