Tex-Ray Industrial Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 03:10 am EDT
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Tex-Ray Industrial Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 1,088.75 million compared to TWD 1,574.74 million a year ago. Net loss was TWD 68.71 million compared to net income of TWD 28.62 million a year ago. Basic loss per share from continuing operations was TWD 0.29 compared to basic earnings per share from continuing operations of TWD 0.12 a year ago. Diluted loss per share from continuing operations was TWD 0.29 compared to diluted earnings per share from continuing operations of TWD 0.12 a year ago.
For the six months, sales was TWD 2,119.05 million compared to TWD 3,254.38 million a year ago. Net loss was TWD 183.93 million compared to net income of TWD 29.28 million a year ago. Basic loss per share from continuing operations was TWD 0.79 compared to basic earnings per share from continuing operations of TWD 0.13 a year ago. Diluted loss per share from continuing operations was TWD 0.79 compared to diluted earnings per share from continuing operations of TWD 0.13 a year ago.
Tex-Ray Industrial Co., Ltd. is a Taiwan-based company principally engaged in the processing, production and sales of clothes. The Company is also engaged in the weaving, dyeing and sales of cotton fabrics and various fibers. The Company's main products include adult clothes, roller dyeing yarns, mercerized cotton yarns, tencel and rayon, single-sided fabrics, double-sided fabrics, tanning cotton fabrics, fancy yarn fabrics, elastic fabrics, tencel cotton fabrics and metal fibers. The Company mainly distributes its products in overseas markets.
TEX-RAY INDUSTRIAL CO., LTD. 
