Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 08:42 am
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Zig Sheng Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 1,969.143 million compared to TWD 2,815.028 million a year ago. Operating loss was TWD 41.208 million compared to TWD 77.505 million a year ago. Net income was TWD 40.575 million compared to net loss of TWD 109.690 million a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.18 a year ago. For the nine months, total revenue was TWD 5,397.511 million compared to TWD 9,363.363 million a year ago. Operating loss was TWD 440.278 million compared to TWD 207.161 million a year ago. Net loss was TWD 327.099 million compared to TWD 98.970 million a year ago. Basic loss per share was TWD 0.56 compared to TWD 0.16 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. 
