Tri Ocean Textile Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 05:08 pm EDT
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Tri Ocean Textile Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 452.953 million compared to TWD 599.246 million a year ago. Operating income was TWD 77.189 million compared to operating loss of TWD 68.531 million a year ago. Net income was TWD 55.457 million compared to net loss of TWD 67.956 million a year ago. Basic earnings per share was TWD 1.23 compared to basic loss per share of TWD 1.59 a year ago. Diluted earnings per share was TWD 1.07 compared to diluted loss per share of TWD 1.59 a year ago.
Triocean Industrial Corporation Co Ltd, formerly Tri Ocean Textile Co., Ltd., is a Taiwan-based company engaged in the construction business. The Company primarily undertakes projects on a turnkey contract basis. The Company involved in construction of projects include residential projects, including government housing and dormitory projects; commercial and office buildings, including office buildings, hospitals, and schools; public works, including mass rapid transit projects, highways, civil engineering, and bridge projects; as well as factory construction and other special projects.