Tainan Enterprises Co.,Ltd Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 11:39 am EST
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Tainan Enterprises Co.,Ltd announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 1,689.794 million compared to TWD 2,193.230 million a year ago. Operating loss was TWD 42.314 million compared to operating Income of TWD 30.807 million a year ago. Net loss was TWD 46.416 million compared to net income of TWD 14.273 million a year ago. Basic loss per share was TWD 0.32 compared to basic earnings per share of TWD 0.1 a year ago. For the nine months, sales was TWD 4,734.247 million compared to TWD 6,061.680 million a year ago. Operating loss was TWD 160.353 million compared to operating Income of TWD 125.522 million a year ago. Net loss was TWD 163.041 million compared to net income of TWD 89.544 million a year ago. Basic loss per share was TWD 1.12 compared to basic earnings per share of TWD 0.61 a year ago.
TAINAN ENTERPRISES CO., LTD. is a Taiwan-based company principally engaged in the production, processing and distribution of apparels. The Company is also involved in the trading of garments and raw materials. Its garment products mainly include pants, shorts, blouses, vests, shirts, skirts, dresses, coats and jackets. The Company mainly distributes its products in American markets.