Lily Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 06:58 pm IST
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Lily Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 163.326 million compared to TWD 317.098 million a year ago. Operating income was TWD 28.104 million compared to operating loss of TWD 95.921 million a year ago. Net loss was TWD 32.201 million compared to TWD 294.931 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to TWD 2.14 a year ago. Basic loss per share was TWD 0.24 compared to TWD 2.18 a year ago. For the nine months, sales was TWD 506.989 million compared to TWD 914.987 million a year ago. Operating income was TWD 77.068 million compared to operating loss of TWD 171.330 million a year ago. Net loss was TWD 6.101 million compared to TWD 293.640 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to TWD 2.13 a year ago. Basic loss per share was TWD 0.04 compared to TWD 2.17 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.