Lan Fa Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2019
May 06, 2019 at 04:05 pm EDT
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Lan Fa Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced total revenue was TWD 915.518 million compared to TWD 876.409 million a year ago. Operating income was TWD 41.370 million compared to TWD 24.241 million a year ago. Net income was TWD 70.385 million compared to TWD 22.478 million a year ago. Basic earnings per share was TWD 0.22 compared to TWD 0.07 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.