Fu Ta Material Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 12, 2023 at 03:32 am IST
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Fu Ta Material Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 14.69 million compared to TWD 44.24 million a year ago. Net loss was TWD 4.2 million compared to net income of TWD 6.32 million a year ago. Basic loss per share from continuing operations was TWD 0.09 compared to basic earnings per share from continuing operations of TWD 0.14 a year ago. Diluted loss per share from continuing operations was TWD 0.09 compared to diluted earnings per share from continuing operations of TWD 0.14 a year ago.
For the six months, sales was TWD 36.78 million compared to TWD 91.33 million a year ago. Net loss was TWD 10.42 million compared to TWD 2.84 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to TWD 0.06 a year ago. Diluted loss per share from continuing operations was TWD 0.23 compared to TWD 0.06 a year ago.
J D Development Co Ltd is a Taiwan-based company that mainly produces and manufactures textile products. The Company operates three business segments. The Textile segment supplies and produces a variety of woven fabrics of different materials. Its product lines include nylon fabrics, polyester fabrics, protective clothing and masks for medical equipment. The Green Energy segment provides parts sales, power station planning, construction and installation, and maintenance for small and medium-sized solar power stations. The Medical Equipment segment develops a variety of epidemic prevention products, such as mask cleaning pads, protective clothing and other series of products.