Shinkong Textile Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 02:00 pm EDT
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Shinkong 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 464.772 million compared to TWD 377.645 million a year ago. Operating income was TWD 37.395 million compared to operating loss of TWD 7.687 million a year ago. Net income was TWD 55.586 million compared to TWD 53.010 million a year ago. Basic earnings per share was TWD 0.19 compared to TWD 0.18 a year ago. For the half year, total revenue was TWD 869.248 million compared to TWD 723.271 million a year ago. Operating income was TWD 24.010 million compared to operating loss of TWD 54.136 million a year ago. Net income was TWD 51.341 million compared to net loss of TWD 3.219 million a year ago. Basic earnings per share was TWD 0.17 compared to basic loss per share of TWD 0.01 a year ago.
SHINKONG TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include garments, high performance outdoor fabrics, high performance sports fabrics, fashion fabrics and multifunctional blended fabrics. The Company operates through three segments. The Marketing segment is engaged in the sales of finished fabrics and exporting businesses. The Retailing segment is engaged in the agency of PGA TOUR brand and ADIDAS GOLF brand, the proprietary operation of ARTIFACTS brand and ART HAUS brand, as well as the design and manufacture of group uniforms. The Construction segment is engaged in the land development businesses and the leasing and sales of properties. The Company operates businesses in Taiwan, Vietnam and China, among others.
SHINKONG TEXTILE CO.,LTD 