Wisher Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 11:12 am EDT
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Wisher Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 90.677 million compared to TWD 204.237 million a year ago. Operating loss was TWD 3.534 million compared to TWD 12.035 million a year ago. Net loss was TWD 9.339 million compared to net income of TWD 2.865 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 0.01 a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 0.03 a year ago. Diluted eps was TWD 0 compared to TWD 0.03 a year ago. For the half year, sales was TWD 218.773 million compared to TWD 404.158 million a year ago. Operating loss was TWD 14.812 million compared to TWD 95.159 million a year ago. Net loss was TWD 9.063 million compared to net income of TWD 387.867 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to TWD 1.76 a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 3.74 a year ago. Diluted eps was TWD 0 compared to TWD 3.72 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.