Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 12:16 am IST
Share
Hong Ho Precision Textile Co.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 141.452 million compared to TWD 146.928 million a year ago. Operating loss was TWD 7.817 million compared to TWD 10.681 million a year ago. Net loss was TWD 6.676 million compared to net income of TWD 4.583 million a year ago. Basic loss per share was TWD 0.05 compared to basic earnings per share of TWD 0.03 a year ago. For the half year, sales was TWD 224.879 million compared to TWD 217.990 million a year ago. Operating loss was TWD 24.237 million compared to TWD 39.030 million a year ago. Net loss was TWD 19.226 million compared to TWD 27.091 million a year ago. Basic loss per share was TWD 0.14 compared to TWD 0.2 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.