Tex-Ray Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Tex-Ray Industrial 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 1,585.35 million compared to TWD 1,637.17 million a year ago. Net income was TWD 1.12 million compared to net loss of TWD 11.18 million a year ago.
For the nine months, sales was TWD 4,839.73 million compared to TWD 4,762.31 million a year ago. Net income was TWD 30.4 million compared to net loss of TWD 70.62 million a year ago. Basic earnings per share was TWD 0.13 compared to basic loss per share of TWD 0.3 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.