Tainan Spinning Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 17, 2021 at 01:56 pm EDT
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Tainan Spinning Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 17,628.221 million compared to TWD 22,947.425 million a year ago. Operating loss was TWD 188.624 million compared to TWD 765.678 million a year ago. Net income was TWD 936.329 million compared to TWD 91.486 million a year ago. Basic earnings per share was TWD 0.57 compared to TWD 0.06 a year ago. Diluted earnings per share was TWD 0.56 compared to TWD 0.06 a year ago.
Tainan Spinning Co., Ltd is a Taiwan-based company principally engaged in the manufacture, processing and sales of textile products. The products of the Company include cotton yarn, polyester cotton, polyester granules, ester granules for bottles, polyester filaments, finished polyester filaments and others. The Company mainly operates through two segments, including Tainan Spinning segment and Tainan Spinning Vietnam segment. The Company operates businesses in China, Vietnam, Korea, Japan, South Africa and Americas, among others.
TAINAN SPINNING CO., LTD. 
