Lily Textile Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 06:18 pm EDT
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Lily Textile Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 186.36 million compared to TWD 162.61 million a year ago. Net income was TWD 32.93 million compared to TWD 5.88 million a year ago. Basic earnings per share from continuing operations was TWD 0.24 compared to TWD 0.04 a year ago. Basic earnings per share was TWD 0.24 compared to TWD 0.04 a year ago.
For the six months, sales was TWD 400.41 million compared to TWD 321.77 million a year ago. Net income was TWD 121.5 million compared to TWD 39.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.9 compared to TWD 0.32 a year ago. Basic earnings per share was TWD 0.9 compared to TWD 0.3 a year ago.
LILY TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The Company operates through two segments. The Textile segment is engaged in the production, weaving, processing, trading, biding and agency businesses of natural cotton, artificial fibers and chemical fibers. The Logistics segment is engaged in the warehouse storage, cargo handling and processing businesses. The Company mainly operates its businesses in Taiwan market.