Lily Textile Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Lily Textile Co., Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 214.05 million compared to TWD 159.16 million a year ago. Net income was TWD 88.57 million compared to TWD 34.07 million a year ago. Basic earnings per share from continuing operations was TWD 0.65 compared to TWD 0.27 a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.25 a year ago.
LILY TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The Company operates through two segments. The Textile segment is engaged in the production, weaving, processing, trading, biding and agency businesses of natural cotton, artificial fibers and chemical fibers. The Logistics segment is engaged in the warehouse storage, cargo handling and processing businesses. The Company mainly operates its businesses in Taiwan market.