Lan Fa Textile Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 02:15 pm EST
Share
Lan Fa Textile Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 373.142 million compared to TWD 670.084 million a year ago. Operating loss was TWD 67.748 million compared to TWD 73.528 million a year ago. Net loss was TWD 46.364 million compared to TWD 121.892 million a year ago. Basic loss per share was TWD 0.15 compared to TWD 0.38 a year ago. For the nine months, sales was TWD 1,181.381 million compared to TWD 2,421.278 million a year ago. Operating loss was TWD 204.805 million compared to TWD 143.514 million a year ago. Net loss was TWD 295.050 million compared to TWD 111.733 million a year ago. Basic loss per share was TWD 0.93 compared to TWD 0.35 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. 
