Lily Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 06:30 pm IST
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Lily Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 142.706 million compared to TWD 163.326 million a year ago. Operating income was TWD 23.401 million compared to TWD 28.104 million a year ago. Net loss was TWD 2.697 million compared to TWD 32.201 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to TWD 0.22 a year ago. Basic loss per share was TWD 0.02 compared to TWD 0.24 a year ago. For the nine months, sales was TWD 408.678 million compared to TWD 506.989 million a year ago. Operating income was TWD 55.172 million compared to TWD 77.068 million a year ago. Net loss was TWD 46.515 million compared to TWD 6.101 million a year ago. Basic loss per share from continuing operations was TWD 0.28 compared to TWD 0.02 a year ago. Basic loss per share was TWD 0.34 compared to TWD 0.04 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.