Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 12:44 am IST
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Hong Ho Precision Textile Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 126.611 million compared to TWD 83.427 million a year ago. Operating loss was TWD 4.785 million compared to TWD 16.420 million a year ago. Net income was TWD 1.069 million compared to net loss of TWD 12.550 million a year ago. Basic earnings per share was TWD 0.01 compared to basic loss per share of TWD 0.09 a year ago.
HONG HO PRECISION TEXTILE CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of finished fabrics, apparels and gray fabrics. The Company's fabrics include home textile fabrics, city wear fabrics and sportswear fabrics. The Company's fabrics are used for sun cloth, curtains, coverlet bed sheets, pillow cases, chair covers, other home decorations, suits, dresses, shirts, overcoats, windbreakers, jackets, pants, polo shirts, sports suits, short pants, outdoor shirts and others. The Company distributes its products mainly within overseas markets, including Japan, South Korea, America, Canada and others.