Li Peng Enterprise Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022
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Li Peng Enterprise Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 7,274.21 million compared to TWD 5,589.13 million a year ago. Net loss was TWD 53.99 million compared to net income of TWD 10.32 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to basic earnings per share from continuing operations of TWD 0.01 a year ago. Basic loss per share was TWD 0.06 compared to basic earnings per share of TWD 0.01 a year ago.
For the nine months, sales was TWD 21,383.72 million compared to TWD 17,596.34 million a year ago. Net income was TWD 249.86 million compared to TWD 273.56 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.31 a year ago. Basic earnings per share was TWD 0.29 compared to TWD 0.31 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.