Kwang Ming Silk Mill Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 13, 2021 at 04:19 am IST
Share
Kwang Ming Silk Mill Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 236.340 million compared to TWD 171.945 million a year ago. Operating income was TWD 21.953 million compared to TWD 2.424 million a year ago. Net income was TWD 28.568 million compared to net loss of TWD 16.121 million a year ago. Basic earnings per share was TWD 0.71 compared to basic loss per share of TWD 0.4 a year ago.
Kwang Ming Silk Mill Co., Ltd. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of cloth. The Companyâs primary products include cotton cloth, artificial fibers, nylon fabrics, silk, polyester fabrics and weaving fabrics, among others. The Companyâs products are mainly used in the production of wedding dresses, garments, sports, casual wears, household decorations, curtains, industrial fabrics, recyclable polyester textiles and lining cloth, among others. The Company is also involved in the processing of fabrics, as well as the purchasing and distribution of fabric raw materials and products. The Company mainly operates its businesses in Taiwan.
KWANG MING SILK MILL CO., LTD. 
