Li Peng Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 11:33 pm IST
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Li Peng Enterprise Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,556.147 million compared to TWD 3,538.628 million a year ago. Operating loss was TWD 78.673 million compared to TWD 19.648 million a year ago. Net loss was TWD 98.432 million compared to net income of TWD 3.707 million a year ago. Basic loss per share was TWD 0.11. For the nine months, sales was TWD 8,505.252 million compared to TWD 11,296.553 million a year ago. Operating loss was TWD 450.395 million compared to TWD 129.621 million a year ago. Net loss was TWD 450.992 million compared to net income of TWD 142.704 million a year ago. Basic loss per share was TWD 0.52 compared to basic earnings per share of TWD 0.17 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.