Kwang Ming Silk Mill Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 09, 2019 at 10:20 am EDT
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Kwang Ming Silk Mill Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was TWD 239.476 million compared to TWD 274.592 million a year ago. Operating income was TWD 574.414 million compared to TWD 18.820 million a year ago. Net income was TWD 539.008 million compared to TWD 14.038 million a year ago. Basic earnings per share was TWD 13.32 compared to TWD 0.35 a year ago. Diluted earnings per share was TWD 13.27 compared to TWD 0.35 a year ago.
Kwang Ming Silk Mill Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of cloth. The Companyâs primary products include cotton cloth, artificial fibers, nylon fabrics, silk, polyester fabrics and weaving fabrics, among others. The Companyâs products are mainly used in the production of wedding dresses, garments, sports, casual wears, household decorations, curtains, industrial fabrics, recyclable polyester textiles and lining cloth, among others. The Company is also involved in the processing of fabrics, as well as the purchasing and distribution of fabric raw materials and products. The Company mainly operates its businesses in Taiwan.
KWANG MING SILK MILL CO., LTD. 