Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 29, 2021 at 02:31 pm EDT
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Hong Ho Precision Textile Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 490.557 million compared to TWD 550.215 million a year ago. Operating income was TWD 2.682 million compared to operating loss of TWD 1.843 million a year ago. Net loss was TWD 7.438 million compared to net income of TWD 290,000 a year ago. Basic loss per share from continuing operations was TWD 0.05.
HONG HO PRECISION TEXTILE CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of finished fabrics, apparels and gray fabrics. The Company's fabrics include home textile fabrics, city wear fabrics and sportswear fabrics. The Company's fabrics are used for sun cloth, curtains, coverlet bed sheets, pillow cases, chair covers, other home decorations, suits, dresses, shirts, overcoats, windbreakers, jackets, pants, polo shirts, sports suits, short pants, outdoor shirts and others. The Company distributes its products mainly within overseas markets, including Japan, South Korea, America, Canada and others.