Tah Tong Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 03:48 pm EST
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Tah Tong Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced sales was TWD 336.535 million compared to TWD 400.814 million a year ago. Operating loss was TWD 45.435 million compared to TWD 55.494 million a year ago. Net loss was TWD 62.147 million compared to TWD 69.913 million a year ago. Basic loss per share was TWD 0.8 compared to TWD 1.08 a year ago.
For the nine months, sales was TWD 1,205.666 million compared to TWD 1,227.971 million a year ago. Operating loss was TWD 160.240 million compared to TWD 131.766 million a year ago. Net income was TWD 1,060.497 million compared to net loss of TWD 169.361 million a year ago. Basic earnings per share was TWD 13.69 compared to basic loss per share of TWD 2.69 a year ago. Diluted earnings per share was TWD 13.38 compared to diluted loss per share of TWD 2.69 a year ago.
TAH TONG TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. Its products include yarns and fabrics. Its yarn products include pure cotton yarns, functional blended yarns, core spun yarns and slub yarns, among others. Its fabric products include cotton gray fabrics, blended gray fabrics, elastic gray fabrics, finished fabrics, knitting fabrics and other functional fabrics, among others. The Companyâs products are mainly applied in the manufacture of apparels. The Company operates businesses in Taiwan, Japan, Hong Kong, China, Europe and America, among others.
TAH TONG TEXTILE CO., LTD. 
