Shinkong Textile Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 07:05 pm IST
Share
Shinkong Textile Co.,Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 566.613 million compared to TWD 404.476 million a year ago. Net income was TWD 14.408 million compared to net loss of TWD 4.245 million a year ago. Basic earnings per share was TWD 0.05 compared to basic loss per share of TWD 0.01 a year ago.
SHINKONG TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include garments, high performance outdoor fabrics, high performance sports fabrics, fashion fabrics and multifunctional blended fabrics. The Company operates through three segments. The Marketing segment is engaged in the sales of finished fabrics and exporting businesses. The Retailing segment is engaged in the agency of PGA TOUR brand and ADIDAS GOLF brand, the proprietary operation of ARTIFACTS brand and ART HAUS brand, as well as the design and manufacture of group uniforms. The Construction segment is engaged in the land development businesses and the leasing and sales of properties. The Company operates businesses in Taiwan, Vietnam and China, among others.
SHINKONG TEXTILE CO.,LTD 
