Li Peng Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 02:22 pm EDT
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Li Peng Enterprise Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,058.544 million compared to TWD 3,932.583 million a year ago. Operating loss was TWD 136.293 million compared to TWD 187.955 million a year ago. Net loss was TWD 214.289 million compared to net income of TWD 16.988 million a year ago. Basic loss per share was TWD 0.25 compared to basic earnings per share of TWD 0.02 a year ago. Diluted eps was TWD 0 compared to TWD 0.02 a year ago. For the half year, sales was TWD 4,949.105 million compared to TWD 7,757.925 million a year ago. Operating loss was TWD 371.722 million compared to TWD 109.973 million a year ago. Net loss was TWD 352.560 million compared to net income of TWD 138.997 million a year ago. Basic loss per share was TWD 0.41 compared to basic earnings per share of TWD 0.16 a year ago. Diluted eps was TWD 0 compared to TWD 0.16 a year ago.
Li Peng Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Company is involved in the manufacture of nylon filaments, nylon chips and weaving fabrics. Its weaving fabric products include fabrics for trousers, nylon fabrics, fabrics for home decoration, shade fabrics, fire-proof fabrics, Lycra fabrics, superfine fiber fabrics, twisted fabrics and fabrics for industrial leather bags, among others. The Company also provides dyeing services and coating services, among others. The Company operates businesses in domestic and overseas markets, including Japan, Turkey and Brazil, among others.