Chia Her Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:21 pm EST
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Chia Her Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 447.587 million compared to TWD 679.969 million a year ago. Operating loss was TWD 68.426 million compared to TWD 54.911 million a year ago. Net loss was TWD 62.440 million compared to net income of TWD 6.194 million a year ago. Basic loss per share was TWD 0.76 compared to basic earnings per share of TWD 0.11 a year ago. Diluted loss per share was TWD 0.76 compared to diluted earnings per share of TWD 0.09 a year ago. For the nine months, sales was TWD 1,388.153 million compared to TWD 1,870.883 million a year ago. Operating loss was TWD 179.870 million compared to TWD 81.130 million a year ago. Net loss was TWD 180.321 million compared to net income of TWD 414,000 a year ago. Basic loss per share was TWD 2.41 compared to basic earnings per share of TWD 0.01 a year ago.
CHIA HER INDUSTRIAL CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of finished fabrics and cotton wool. The Companyâs products include gingham fabrics, jacquard fabrics, seersucker fabrics, brushing fabrics, elastic material fabrics, sanded fabrics, deer skin fabrics and twisted fabrics, among others. Its products are applied in the weaving of shirts, pajamas, pants, jackets, home decoration cloth, suits and formal dresses, among others. The Company operates its businesses in domestic and overseas markets, including Hong Kong, Asian countries and Canada, among others.