Allied Industrial Corp., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:30 pm EDT
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Allied Industrial Corp., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 326.405 million compared to TWD 128.728 million a year ago. Operating income was TWD 20.519 million compared to operating loss of TWD 13.611 million a year ago. Net income was TWD 25.019 million compared to net loss of TWD 11.141 million a year ago. Basic earnings per share was TWD 0.11 compared to basic loss per share of TWD 0.04 a year ago. For the half year, sales was TWD 484.170 million compared to TWD 244.197 million a year ago. Operating income was TWD 14.753 million compared to operating loss of TWD 33.041 million a year ago. Net income was TWD 25.536 million compared to net loss of TWD 1.120 million a year ago. Basic earnings per share was TWD 0.11 compared to TWD 0 a year ago.
Allied Industrial Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of dyes. The Company mainly provides dyes and food additives. The Companyâs dyes consist of disperse dyes, reactive dyes, acid dyes, basic dyes, dyeing and finishing auxiliaries and others. The Companyâs products are used in the dyeing and printing of fibers and synthetic fibers, such as acetic acid, polyester, nylon, wool, silk and cotton. The Company distributes its products within the domestic market and to overseas markets, including Asia, the Middle East and others.
ALLIED INDUSTRIAL CORP., LTD. 
