Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022
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Taiwan Taffeta Fabric Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 454.23 million compared to TWD 394.12 million a year ago. Net income was TWD 22.44 million compared to TWD 4.18 million a year ago. Basic earnings per share from continuing operations was TWD 0.18 compared to TWD 0.03 a year ago. Diluted earnings per share from continuing operations was TWD 0.18 compared to TWD 0.03 a year ago.
For the nine months, sales was TWD 1,405.7 million compared to TWD 1,180.13 million a year ago. Net income was TWD 45.08 million compared to TWD 7.29 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to TWD 0.06 a year ago. Diluted earnings per share from continuing operations was TWD 0.37 compared to TWD 0.06 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. 