Chyang Sheng Dyeing & Finishing Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 06:02 am EDT
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Chyang Sheng Dyeing & Finishing Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 65.78 million compared to TWD 117.74 million a year ago. Net loss was TWD 2.7 million compared to TWD 37.73 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to TWD 0.23 a year ago. Diluted loss per share from continuing operations was TWD 0.02 compared to TWD 0.23 a year ago.
For the six months, sales was TWD 156.06 million compared to TWD 252.53 million a year ago. Net income was TWD 31 million compared to net loss of TWD 32.68 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to basic loss per share from continuing operations of TWD 0.2 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to diluted loss per share from continuing operations of TWD 0.2 a year ago.
CHYANG SHENG DYEING & FINISHING CO., LTD. is a Taiwan-based company principally engaged in textile dyeing and finishing business. The Company is mainly engaged in the spinning and weaving of various fibers such as natural fibers, man-made fibers, synthetic fibers and chemical fibers. The Company is engaged in the printing, bleaching, dyeing and finishing of various textile products as well as the sales of finished fabrics. In addition, The Company is also engaged in the construction and sales of residential and commercial buildings. The Company distributes its products within the domestic market and to overseas markets.