Zig Sheng Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:05 pm
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Zig Sheng Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 2,815.028 million compared to TWD 3,918.460 million a year ago. Operating loss was TWD 77.505 million compared to operating Income of TWD 20.438 million a year ago. Net loss was TWD 109.690 million compared to net income of TWD 84.569 million a year ago. Basic loss per share was TWD 0.18 compared to basic earnings per share of TWD 0.14 a year ago. Diluted eps was TWD 0 compared to TWD 0.14 a year ago. For the nine months, total revenue was TWD 9,363.363 million compared to TWD 12,015.866 million a year ago. Operating loss was TWD 207.161 million compared to operating Income of TWD 175.528 million a year ago. Net loss was TWD 98.970 million compared to net income of TWD 338.275 million a year ago. Basic loss per share was TWD 0.16 compared to basic earnings per share of TWD 0.55 a year ago. Diluted eps was TWD 0 compared to TWD 0.55 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.