Tah Tong Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 08:16 pm EST
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Tah Tong Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 301.64 million compared to TWD 380.37 million a year ago. Net loss was TWD 76.54 million compared to TWD 94.08 million a year ago. Basic loss per share from continuing operations was TWD 1.21 compared to TWD 1.68 a year ago.
For the nine months, sales was TWD 876.18 million compared to TWD 1,229.76 million a year ago. Net loss was TWD 221.9 million compared to TWD 129.76 million a year ago. Basic loss per share from continuing operations was TWD 3.51 compared to TWD 2.31 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.