Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 11:42 am
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Zig Sheng Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,284.033 million compared to TWD 3,005.263 million a year ago. Operating loss was TWD 317.419 million compared to TWD 46.096 million a year ago. Net loss was TWD 165.894 million compared to net income of TWD 7.501 million a year ago. Basic loss per share was TWD 0.28 compared to basic earnings per share of TWD 0.01 a year ago. For the half year, sales was TWD 3,428.368 million compared to TWD 6,548.335 million a year ago. Operating loss was TWD 399.070 million compared to TWD 129.656 million a year ago. Net loss was TWD 367.674 million compared to net income of TWD 10.720 million a year ago. Basic loss per share was TWD 0.61 compared to basic earnings per share of TWD 0.02 a year ago.
ZIG SHENG INDUSTRAIL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textured yarns, nylon filaments and nylon chips. Its textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns and industrial yarns. Its nylon chips products include spinning grade nylon chips and engineering plastic grade nylon chips. The Company also provides compound materials. The Company operates businesses in domestic market and overseas markets, including Europe, Americas, Africa, Oceania and Southeast Asia, among others.
ZIG SHENG INDUSTRIAL CO., LTD. 
