Nien Hsing Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 05, 2020 at 03:58 pm EST
Share
Nien Hsing Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 2,068.733 million compared to TWD 2,196.387 million a year ago. Operating income was TWD 17.353 million compared to TWD 14.043 million a year ago. Net loss was TWD 41.035 million compared to TWD 12.368 million a year ago. Basic loss per share was TWD 0.2 compared to TWD 0.06 a year ago. For the nine months, total revenue was TWD 5,029.292 million compared to TWD 6,508.944 million a year ago. Operating loss was TWD 347.774 million compared to TWD 72.426 million a year ago. Net loss was TWD 426.595 million compared to TWD 17.106 million a year ago. Basic loss per share was TWD 2.15 compared to TWD 0.09 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. 
