Lan Fa Textile Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 04:08 pm EDT
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Lan Fa Textile Co.,Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced total revenue was TWD 3,122.224 million compared to TWD 3,519.248 million a year ago. Operating loss was TWD 198.061 million compared to TWD 161.117 million a year ago. Net loss was TWD 85.010 million compared to TWD 374.560 million a year ago. Basic loss per share was TWD 0.27 compared to TWD 1.18 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. 
