Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 04:42 pm EST
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Hong Ho Precision Textile Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 42.96 million compared to TWD 39.67 million a year ago. Revenue was TWD 42.96 million compared to TWD 39.67 million a year ago. Net loss was TWD 6.31 million compared to TWD 23.27 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to TWD 0.17 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to TWD 0.17 a year ago.
For the nine months, sales was TWD 110.15 million compared to TWD 152.74 million a year ago. Revenue was TWD 110.15 million compared to TWD 152.74 million a year ago. Net loss was TWD 14.16 million compared to TWD 14.54 million a year ago. Basic loss per share from continuing operations was TWD 0.1 compared to TWD 0.11 a year ago. Diluted loss per share from continuing operations was TWD 0.1 compared to TWD 0.11 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.