Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 03:58 am EDT
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Hong Ho Precision Textile 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 36.87 million compared to TWD 36.04 million a year ago. Net loss was TWD 6.15 million compared to TWD 4.62 million a year ago. Basic loss per share from continuing operations was TWD 0.04 compared to TWD 0.03 a year ago. Diluted loss per share from continuing operations was TWD 0.04 compared to TWD 0.03 a year ago.
For the six months, sales was TWD 72.45 million compared to TWD 67.19 million a year ago. Net loss was TWD 19.08 million compared to TWD 7.85 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.14 compared to TWD 0.06 a year ago.
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.