Lan Fa Textile Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 08, 2018 at 03:13 pm EST
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Lan Fa Textile Co., Ltd. announced consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 867.054 million compared to TWD 846.501 million a year ago. Sales was TWD 867.054 million compared to TWD 846.501 million a year ago. Operating loss was TWD 35.225 million compared to TWD 45.920 million a year ago. Net loss was TWD 28.609 million compared to net income of TWD 109.465 million a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 0.35 a year ago.
For the nine months, total revenue was TWD 2,652.455 million compared to TWD 2,459.002 million a year ago. Sales was TWD 2,652.455 million compared to TWD 2,459.002 million a year ago. Operating loss was TWD 81.034 million compared to TWD 92.695 million a year ago. Net income was TWD 107.614 million compared to TWD 53.408 million a year ago. Basic earnings per share was TWD 0.34 compared to TWD 0.17 a year ago.
LAN FA TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of textured polyester yarns. The Companyâs products include set yarns, stretch yarns, non-torque yarns, high-count yarns, less torque yarns, micro-fibers, non-sizing yarns, dimity-like yarns, fire-retardant finished yarns, matt yarns and environmental friendly yarns, among others. The Company operates through three segments, including false twisting plant in Chupei segment, false twisting plant in Hangzhou segment and others segment. The Company mainly operates businesses in the domestic market.
LAN FA TEXTILE CO., LTD. 
