Lan Fa Textile Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 21, 2021 at 04:04 pm EDT
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Lan Fa Textile Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,783.734 million compared to TWD 3,122.224 million a year ago. Operating loss was TWD 226.375 million compared to TWD 198.061 million a year ago. Net loss was TWD 184.312 million compared to TWD 85.010 million a year ago. Basic loss per share from continuing operations was TWD 0.58 compared to TWD 0.27 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. 
