Lan Fa Textile Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 10, 2021
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Lan Fa Textile Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 611.13 million compared to TWD 373.14 million a year ago. Net income was TWD 282.66 million compared to net loss of TWD 46.36 million a year ago. Basic earnings per share from continuing operations was TWD 0.89 compared to basic loss per share from continuing operations of TWD 0.15 a year ago. Diluted earnings per share from continuing operations was TWD 0.89 compared to diluted loss per share from continuing operations of TWD 0.15 a year ago.
For the nine months, sales was TWD 1,884.59 million compared to TWD 1,181.38 million a year ago. Net income was TWD 584.54 million compared to net loss of TWD 295.05 million a year ago. Basic earnings per share from continuing operations was TWD 1.84 compared to basic loss per share from continuing operations of TWD 0.93 a year ago. Diluted earnings per share from continuing operations was TWD 1.84 compared to diluted loss per share from continuing operations of TWD 0.93 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. 
