Tri Ocean Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 03:30 pm
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Tri Ocean Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 65.712 million compared to TWD 79.427 million a year ago. Operating loss was TWD 61.226 million compared to TWD 37.589 million a year ago. Net loss was TWD 89.558 million compared to TWD 37.450 million a year ago. Basic loss per share was TWD 1.94 compared to TWD 0.87 a year ago.
Triocean Industrial Corporation Co Ltd is a Taiwan-based company mainly engaged in construction business. The Company's main business is to undertake projects commissioned by owners on a turnkey basis. The Company's business includes contracting repair/renovation projects, undertaking construction such as land preparation, infrastructure, installation of construction equipment, and construction, reconstruction, and repair of civil engineering projects. The Company undertakes residential projects, commercial buildings, public works, factories and other projects, including residences, dormitories, office buildings, hospitals, schools, civil bridges, factories and others.