Fu Ta Material Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 05:34 pm EDT
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Fu Ta Material Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 39.095 million compared to TWD 34.590 million a year ago. Operating loss was TWD 12.557 million compared to TWD 9.949 million a year ago. Net loss was TWD 16.869 million compared to TWD 14.720 million a year ago. Basic loss per share from continuing operations was TWD 0.37 compared to TWD 0.32 a year ago. For the half year, sales was TWD 66.400 million compared to TWD 70.429 million a year ago. Operating loss was TWD 20.994 million compared to TWD 17.006 million a year ago. Net loss was TWD 23.850 million compared to TWD 17.896 million a year ago. Basic loss per share from continuing operations was TWD 0.52 compared to TWD 0.39 a year ago.
Fu Ta Material Technology Co Ltd is a Taiwan-based company principally engaged in the production and distribution of nylon yarns. The Company operates its businesses through three segments. The Spun Yarn segment is engaged in the production and sales of cotton yarns, artificial cotton yarns, blended yarns and synthetic fiber yarns. The Grey Cloth segment is engaged in the production, processing and trading of cotton fabrics, artificial silk fabrics, blended grey cloth and artificial grey cloth. The Electronic Material segment is engaged in the recycling of solar energy materials, such as silicon wafers and others. The Company distributes its products within domestic market and to overseas markets.
FU TA MATERIAL TECHNOLOGY CO., LTD. 