Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 03:43 am IST
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Hong Ho Precision Textile Co.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 29.883 million compared to TWD 111.958 million a year ago. Operating loss was TWD 10.095 million compared to TWD 35.734 million a year ago. Net loss was TWD 12.303 million compared to TWD 40.296 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to TWD 0.29 a year ago. For the half year, total revenue was TWD 113.075 million compared to TWD 238.569 million a year ago. Operating income was TWD 7.348 million compared to operating loss of TWD 40.519 million a year ago. Net income was TWD 8.727 million compared to net loss of TWD 39.227 million a year ago. Basic earnings per share from continuing operations was TWD 0.06 compared to basic loss per share from continuing operations of TWD 0.28 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.