Kwang Ming Silk Mill Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023
March 19, 2024 at 06:05 am EDT
Share
Kwang Ming Silk Mill Co., Ltd. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was TWD 688.93 million compared to TWD 928.55 million a year ago. Net income was TWD 1,636.08 million compared to net loss of TWD 4.35 million a year ago.
Basic earnings per share from continuing operations was TWD 40.44 compared to basic loss per share from continuing operations of TWD 0.11 a year ago. Diluted earnings per share from continuing operations was TWD 40.06 compared to diluted loss per share from continuing operations of TWD 0.11 a year ago.
Kwang Ming Silk Mill Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of cloth. The Companyâs primary products include cotton cloth, artificial fibers, nylon fabrics, silk, polyester fabrics and weaving fabrics, among others. The Companyâs products are mainly used in the production of wedding dresses, garments, sports, casual wears, household decorations, curtains, industrial fabrics, recyclable polyester textiles and lining cloth, among others. The Company is also involved in the processing of fabrics, as well as the purchasing and distribution of fabric raw materials and products. The Company mainly operates its businesses in Taiwan.
KWANG MING SILK MILL CO., LTD. 
