Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
Share
Hong Ho Precision Textile Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 39.67 million compared to TWD 153.61 million a year ago. Revenue was TWD 39.67 million compared to TWD 153.61 million a year ago. Net loss was TWD 23.27 million compared to net income of TWD 21.24 million a year ago. Basic loss per share from continuing operations was TWD 0.17 compared to basic earnings per share from continuing operations of TWD 0.15 a year ago. Diluted loss per share from continuing operations was TWD 0.17 compared to diluted earnings per share from continuing operations of TWD 0.15 a year ago.
For the nine months, sales was TWD 152.74 million compared to TWD 392.18 million a year ago. Revenue was TWD 152.74 million compared to TWD 392.18 million a year ago. Net loss was TWD 14.54 million compared to TWD 17.99 million a year ago. Basic loss per share from continuing operations was TWD 0.11 compared to TWD 0.13 a year ago. Diluted loss per share from continuing operations was TWD 0.11 compared to TWD 0.13 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.