Wisher Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 03:26 pm EDT
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Wisher Industrial Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 709.203 million compared to TWD 697.152 million a year ago. Operating loss was TWD 170.038 million compared to operating Income of TWD 2.378 million a year ago. Net income was TWD 331.277 million compared to net loss of TWD 12.853 million a year ago. Basic loss per share from continuing operations was TWD 2.46 compared to basic earnings per share from continuing operations of TWD 0.24 a year ago. Basic earnings per share was TWD 3.2 compared to basic loss per share of TWD 0.12 a year ago. Diluted earnings per share was TWD 3.18 compared to TWD 0 a year ago. Diluted earnings per share from continuing operations was TWD 3.18 compared to TWD 0 a year ago.
WISHER INDUSTRIAL CO., LTD. is principally engaged in processing, manufacture and distribution of fabric and filament products. The Company provides textured yarns, polyester filament woven fabrics and knitted fabrics. The Companyâs products include elastic polyester textured yarns, special polyester textured yarns and other products, which are applied in manufacture of knitted fabrics, casual apparels, sportswear, industrial fabrics and trousers, among others. The Company distributes its products within domestic market and to overseas markets.