Lily Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 07:40 pm IST
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Lily Textile Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 147.297 million compared to TWD 176.029 million a year ago. Operating income was TWD 14.861 million compared to TWD 20.442 million a year ago. Net income was TWD 1.457 million compared to TWD 27.309 million a year ago. Basic earnings per share from continuing operations was TWD 0.04 compared to TWD 0.23 a year ago. Basic earnings per share was TWD 0.01 compared to TWD 0.2 a year ago.
Lily Textile Co Ltd is a Taiwan-based company mainly engaged in the logistics business and warehousing business. The Company is also engaged in spinning, weaving, processing, trading, bidding and agency business of natural cotton, man-made fibers and various chemical fibers, commissioning construction companies to construct commercial buildings and national residences for lease and sale and commissioning construction companies to develop industrial zones approved by industrial authorities. It is also engaged in wine import and wholesale business, general import and export trade and its agency business, and tally and packaging business. The Company mainly operates its businesses in the Taiwan market.