Tri Ocean Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 07, 2019 at 04:32 pm EDT
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Tri Ocean Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 77.137 million compared to TWD 115.726 million a year ago. Operating income was TWD 177.273 million compared to operating loss of TWD 20.880 million a year ago. Net income was TWD 159.605 million compared to net loss of TWD 18.478 million a year ago. Basic earnings per share was TWD 3.49 compared to basic loss per share of TWD 0.43 a year ago. Diluted earnings per share was TWD 2.87 compared to diluted loss per share of TWD 0.43 a year ago. For the half year, total revenue was TWD 156.564 million compared to TWD 299.142 million a year ago. Operating income was TWD 139.684 million compared to operating loss of TWD 51.488 million a year ago. Net income was TWD 122.155 million compared to net loss of TWD 50.423 million a year ago. Basic earnings per share was TWD 2.75 compared to basic loss per share of TWD 1.18 a year ago. Diluted earnings per share was TWD 2.33 compared to diluted loss per share of TWD 1.18 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.
TRIOCEAN INDUSTRIAL CORPORATION CO., LTD. 
