Hong Ho Precision Textile Co.,Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 01:25 pm IST
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Hong Ho Precision Textile Co.,Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 26.03 million compared to TWD 42.96 million a year ago. Net loss was TWD 6.74 million compared to TWD 6.31 million a year ago. Basic loss per share from continuing operations was TWD 0.05 compared to TWD 0.05 a year ago. Diluted loss per share from continuing operations was TWD 0.05 compared to TWD 0.05 a year ago.
For the nine months, sales was TWD 98.49 million compared to TWD 110.15 million a year ago. Net loss was TWD 25.83 million compared to TWD 14.16 million a year ago. Basic loss per share from continuing operations was TWD 0.19 compared to TWD 0.1 a year ago. Diluted loss per share from continuing operations was TWD 0.19 compared to TWD 0.1 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.