Chyang Sheng Dyeing & Finishing Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 02:12 am IST
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Chyang Sheng Dyeing & Finishing Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was TWD 84.341 million compared to TWD 155.175 million a year ago. Operating loss was TWD 12.775 million compared to operating Income of TWD 12.970 million a year ago. Net loss was TWD 6.134 million compared to net income of TWD 38.595 million a year ago. Basic loss per share was TWD 0.04 compared to basic earnings per share of TWD 0.23 a year ago. For the nine months, total revenue was TWD 350.471 million compared to TWD 438.369 million a year ago. Operating income was TWD 3.676 million compared to TWD 34.598 million a year ago. Net income was TWD 28.556 million compared to TWD 108.607 million a year ago. Basic earnings per share was TWD 0.17 compared to TWD 0.66 a year ago.
CHYANG SHENG DYEING & FINISHING CO., LTD. is a Taiwan-based company principally engaged in textile dyeing and finishing business. The Company is mainly engaged in the spinning and weaving of various fibers such as natural fibers, man-made fibers, synthetic fibers and chemical fibers. The Company is engaged in the printing, bleaching, dyeing and finishing of various textile products as well as the sales of finished fabrics. In addition, The Company is also engaged in the construction and sales of residential and commercial buildings. The Company distributes its products within the domestic market and to overseas markets.