Nien Hsing Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 05:50 pm EDT
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Nien Hsing Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 2,215.984 million compared to TWD 2,283.597 million a year ago. Operating loss was TWD 70.545 million compared to operating Income of TWD 88.286 million a year ago. Net loss was TWD 15.620 million compared to net income of TWD 201.640 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 1.02 a year ago. For the half year, total revenue was TWD 4,312.557 million compared to TWD 4,033.511 million a year ago. Operating loss was TWD 86.469 million compared to operating Income of TWD 57.767 million a year ago. Net loss was TWD 4.738 million compared to net income of TWD 122.046 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.62 a year ago.
NIEN HSING TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and distribution of garments and textile products. The products of the Company include denim and casual wear, denim cloth, casual cloth and ring-spun yarns. The Company operates through two segments, including textile segment and garment segment. The Company operates businesses in Taiwan, the Americas, Africa and Asia, among others.
NIEN HSING TEXTILE CO., LTD. 
