Lily Textile Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Lily Textile Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 225.75 million compared to TWD 142.71 million a year ago. Net income was TWD 7.16 million compared to net loss of TWD 2.7 million a year ago. Basic earnings per share from continuing operations was TWD 0.05 compared to basic loss per share from continuing operations of TWD 0.01 a year ago. Basic earnings per share was TWD 0.05 compared to basic loss per share of TWD 0.02 a year ago.
For the nine months, sales was TWD 547.52 million compared to TWD 408.68 million a year ago. Net income was TWD 47.11 million compared to net loss of TWD 46.52 million a year ago. Basic earnings per share from continuing operations was TWD 0.37 compared to basic loss per share from continuing operations of TWD 0.28 a year ago. Basic earnings per share was TWD 0.35 compared to basic loss per share of TWD 0.34 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.