Hsin Sin Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 10, 2019 at 12:17 pm EST
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Hsin Sin Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 164.799 million compared to TWD 216.302 million a year ago. Operating loss was TWD 12.603 million compared to TWD 756,000 a year ago. Net loss was TWD 12.326 million compared to net income of TWD 2.182 million a year ago. Basic loss per share was TWD 0.24 compared to basic earnings per share of TWD 0.04 a year ago. For the nine months, total revenue was TWD 468.572 million compared to TWD 580.700 million a year ago. Operating loss was TWD 26.752 million compared to TWD 9.771 million a year ago. Net loss was TWD 8.863 million compared to TWD 329,000 a year ago. Basic loss per share was TWD 0.17 compared to TWD 0.01 a year ago.
HSIN SIN TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of processed Tedoron yarns. The Company's principal business includes the manufacturing, twisting, weaving and dyeing of natural fibers, synthetic fibers, chemical fibers, wool fibers and other materials, as well as the garment production business. The company's products are mainly sold to Taiwan and overseas markets.
HSIN SIN TEXTILE CO., LTD. 
