Singtex Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 09, 2022 at 05:40 pm EST
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Singtex Industrial Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 776.89 million compared to TWD 697.25 million a year ago. Net income was TWD 45.46 million compared to TWD 6.39 million a year ago. Basic earnings per share from continuing operations was TWD 0.74 compared to TWD 0.14 a year ago. Diluted earnings per share from continuing operations was TWD 0.62 compared to TWD 0.14 a year ago. Basic earnings per share was TWD 0.74 compared to TWD 0.14 a year ago. Diluted earnings per share was TWD 0.62 compared to TWD 0.14 a year ago.
For the nine months, sales was TWD 2,521.41 million compared to TWD 2,123.86 million a year ago. Net income was TWD 141.52 million compared to TWD 54.62 million a year ago. Basic earnings per share from continuing operations was TWD 2.66 compared to TWD 1.17 a year ago. Diluted earnings per share from continuing operations was TWD 2.19 compared to TWD 1.08 a year ago. Basic earnings per share was TWD 2.66 compared to TWD 1.17 a year ago. Diluted earnings per share was TWD 2.19 compared to TWD 1.08 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.