Tex-Ray Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 03:16 pm
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Tex-Ray Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 1,718.889 million compared to TWD 1,895.487 million a year ago. Operating income was TWD 28.087 million compared to TWD 33.448 million a year ago. Net loss was TWD 14.915 million compared to net income of TWD 6.623 million a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.03 a year ago. For the half year, sales was TWD 3,280.476 million compared to TWD 3,299.604 million a year ago. Operating loss was TWD 15.540 million compared to TWD 100.320 million a year ago. Net loss was TWD 46.339 million compared to TWD 138.837 million a year ago. Basic loss per share was TWD 0.2 compared to TWD 0.66 a year ago.
Tex-Ray Industrial Co., Ltd. is a Taiwan-based company principally engaged in the processing, production and sales of clothes. The Company is also engaged in the weaving, dyeing and sales of cotton fabrics and various fibers. The Company's main products include adult clothes, roller dyeing yarns, mercerized cotton yarns, tencel and rayon, single-sided fabrics, double-sided fabrics, tanning cotton fabrics, fancy yarn fabrics, elastic fabrics, tencel cotton fabrics and metal fibers. The Company mainly distributes its products in overseas markets.