Lan Fa Textile Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2018
March 29, 2019 at 07:09 pm EDT
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Lan Fa Textile Co., Ltd. announced earnings results for the full year ended December 31, 2018. For the full year, the company announced sales was TWD 3,519.248 million compared to TWD 3,406.413 million a year ago. Operating loss was TWD 161.117 million compared to TWD 117.023 million a year ago. Net loss was TWD 374.560 million compared to net income of TWD 95.328 million a year ago. Basic loss per share was TWD 1.18 compared to basic earnings per share of TWD 0.3 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. 
