Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 01:04 pm
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Taiwan Taffeta Fabric Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 495.706 million compared to TWD 459.059 million a year ago. Net income was TWD 493,000 compared to TWD 6.526 million a year ago. Basic eps was TWD 0 compared to TWD 0.05 a year ago.
For the nine months, sales was TWD 1,458.400 million compared to TWD 1,400.352 million a year ago. Net income was TWD 26.546 million compared to TWD 19.543 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 0.15 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.