Lily Textile Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 10:47 pm EDT
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Lily Textile Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 180.64 million compared to TWD 186.36 million a year ago. Net income was TWD 25.19 million compared to TWD 32.93 million a year ago. Basic earnings per share from continuing operations was TWD 0.19 compared to TWD 0.24 a year ago. Diluted earnings per share from continuing operations was TWD 0.19 compared to TWD 0.24 a year ago.
For the six months, sales was TWD 346.87 million compared to TWD 400.41 million a year ago. Net income was TWD 59.63 million compared to TWD 121.5 million a year ago. Basic earnings per share from continuing operations was TWD 0.44 compared to TWD 0.9 a year ago. Diluted earnings per share from continuing operations was TWD 0.44 compared to TWD 0.9 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.