Li Peng Enterprise Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 11:40 am IST
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Li Peng Enterprise 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 7,568.13 million compared to TWD 7,742.55 million a year ago. Net loss was TWD 120.75 million compared to net income of TWD 190.4 million a year ago. Basic loss per share from continuing operations was TWD 0.14 compared to basic earnings per share from continuing operations of TWD 0.22 a year ago.
For the six months, sales was TWD 16,054.28 million compared to TWD 14,109.5 million a year ago. Net loss was TWD 207.75 million compared to net income of TWD 303.85 million a year ago. Basic loss per share from continuing operations was TWD 0.24 compared to basic earnings per share from continuing operations of TWD 0.35 a year ago.
Li Peng Enterprise Co., Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Company is involved in the manufacture of nylon filaments, nylon chips and weaving fabrics. Its weaving fabric products include fabrics for trousers, nylon fabrics, fabrics for home decoration, shade fabrics, fire-proof fabrics, Lycra fabrics, superfine fiber fabrics, twisted fabrics and fabrics for industrial leather bags, among others. The Company also provides dyeing services and coating services, among others. The Company operates businesses in domestic and overseas markets, including Japan, Turkey and Brazil, among others.