Collins Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 01:10 am IST
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Collins Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 1,535.585 million compared to TWD 1,751.954 million a year ago. Operating income was TWD 24.762 million compared to TWD 56.455 million a year ago. Net loss was TWD 17.928 million compared to net income of TWD 9.749 million a year ago. Basic loss per share was TWD 0.09 compared to basic earnings per share of TWD 0.05 a year ago.
Collins Co Ltd is a Taiwan-based company mainly engaged in the export and import of groceries and clothes, and the sale of kidney dialysis medical equipment. The Company operates through four business segments. The Trading segment is engaged in the export of various kinds of groceries and garments, and the import and export of home furnishing flooring. Products are sold to large and medium-sized importers and distributors in the United States, Canada, other Americas, and Europe. The Kidney Dialysis segment is engaged in the purchase and sale of hemodialysis related consumables and sells them to hospitals, clinics and distributors. Fashion Life segment is engaged in the exclusive sales agency business of Hong Kong brand G2000, Korean brand Chatelaine, as well as the distribution business of casual wear. Other segment is engaged in the investment business and the sales of dental products and others.