Hung Chou Fiber Ind. Co., Ltd Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023
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Hung Chou Fiber Ind. Co., Ltd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 534.95 million compared to TWD 729.44 million a year ago. Revenue was TWD 534.08 million compared to TWD 724.27 million a year ago. Net loss was TWD 39.69 million compared to TWD 6.64 million a year ago. Basic loss per share from continuing operations was TWD 0.3 compared to TWD 0.05 a year ago.
For the nine months, sales was TWD 1,453.07 million compared to TWD 2,510.5 million a year ago. Revenue was TWD 1,450.31 million compared to TWD 2,501.06 million a year ago. Net loss was TWD 109.24 million compared to net income of TWD 105.44 million a year ago. Basic loss per share from continuing operations was TWD 0.83 compared to basic earnings per share from continuing operations of TWD 0.8 a year ago.
HUNG CHOU FIBER IND. CO., LTD is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The products of the Company include polyester granules, polyester filaments and polyester textured yarns. Its products are applied in the manufacture of apparels for men and women, causal apparels, sportswear products and industrial products, among others. The Company operates its businesses in Taiwan and Asia.