Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 11:54 pm IST
Share
Hong Ho Precision Textile Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 153.607 million compared to TWD 118.812 million a year ago. Operating income was TWD 22.942 million compared to operating loss of TWD 9.597 million a year ago. Net income was TWD 21.236 million compared to net loss of TWD 9.746 million a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 0.07 a year ago. For the nine months, sales was TWD 392.176 million compared to TWD 343.691 million a year ago. Operating loss was TWD 17.577 million compared to TWD 33.834 million a year ago. Net loss was TWD 17.991 million compared to TWD 28.972 million a year ago. Basic loss per share was TWD 0.13 compared to TWD 0.21 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.