Singtex Industrial Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 09:24 am EDT
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Singtex Industrial Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 422.068 million compared to TWD 383.386 million a year ago. Operating income was TWD 13.534 million compared to TWD 19.884 million a year ago. Net income was TWD 18.959 million compared to TWD 15.420 million a year ago. Basic earnings per share was TWD 0.41 compared to TWD 0.42 a year ago. Diluted earnings per share was TWD 0.41 compared to TWD 0.37 a year ago.
Singtex Industrial Co. Ltd is a Taiwan-based company mainly engaged in the processing, distribution, import and export of fibers, yarns, functional fabric products and ready-made clothes, raw materials, semi-finished products and others. The Companyâs fabric products consist of windproof, waterproof and breathable series, high-density water pressure resistance series, quick moisture absorption and release series, two-layer and three-layer functional fabric series, three-dimensional (3D) functional fabric series, PUSH and PULL series, special functional fabric series, and ready-made clothes. The Company distributes its products in domestic and overseas markets.