Toung Loong Textile Mfg. Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 05:34 pm EDT
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Toung Loong Textile MFG. Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 3,563.732 million compared to TWD 4,032.988 million a year ago. Operating income was TWD 279.714 million compared to TWD 422.678 million a year ago. Net income was TWD 210.299 million compared to TWD 305.117 million a year ago. Basic earnings per share was TWD 1.75 compared to TWD 2.54 a year ago.
Toung Loong Textile Mfg. Co., Ltd. is a Taiwan-based company mainly engaged in the manufacture and sales of yarns. The Company's products consist of sewing threads, including zipper sewing threads, spun polyester (SP) threads, polyester yarns, nylon threads and bonded threads, and yarns for apparels, such as label yarns, Velcro yarns, air textured yarns, textured yarns and woven yarns. The Company distributes its products within the domestic market and to overseas markets, including the rest of Asia, Europe, the Americas, Oceania and others.
TOUNG LOONG TEXTILE MFG.CO.,LTD. 
