Tah Tong Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 01:53 pm EST
Share
Tah Tong Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 349.730 million compared to TWD 362.061 million a year ago. Operating loss was TWD 18.514 million compared to TWD 78.491 million a year ago. Net loss was TWD 26.423 million compared to TWD 71.151 million a year ago. Basic loss per share was TWD 0.26 compared to TWD 0.71 a year ago. For the nine months, sales was TWD 1,138.556 million compared to TWD 1,097.655 million a year ago. Operating loss was TWD 212.371 million compared to TWD 230.573 million a year ago. Net loss was TWD 220.487 million compared to TWD 235.084 million a year ago. Basic loss per share was TWD 2.19 compared to TWD 2.33 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.