Wisher Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 05:56 pm EST
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Wisher Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 149.295 million compared to TWD 216.698 million a year ago. Operating loss was TWD 45.858 million compared to operating Income of TWD 14.342 million a year ago. Net loss was TWD 2.480 million compared to net income of TWD 1.343 million a year ago. Basic loss per share from continuing operations was TWD 0.2 compared to basic earnings per share from continuing operations of TWD 0.13 a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.01 a year ago. For the nine months, sales was TWD 553.453 million compared to TWD 500.778 million a year ago. Operating loss was TWD 141.016 million compared to operating Income of TWD 12.527 million a year ago. Net income was TWD 385.387 million compared to TWD 4.199 million a year ago. Basic loss per share from continuing operations was TWD 8.12 compared to basic earnings per share from continuing operations of TWD 0.5 a year ago. Basic earnings per share was TWD 3.72 compared to TWD 0.04 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.
WISHER INDUSTRIAL CO., LTD. 
