Singtex Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 12:48 am IST
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Singtex Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 593.764 million compared to TWD 460.132 million a year ago. Operating income was TWD 42.917 million compared to TWD 25.124 million a year ago. Net income was TWD 319.318 million compared to TWD 17.013 million a year ago. Basic earnings per share was TWD 6.91 compared to TWD 0.43 a year ago. Diluted earnings per share was TWD 6.91 compared to TWD 0.37 a year ago. For the half year, sales was TWD 1,015.832 million compared to TWD 843.518 million a year ago. Operating income was TWD 56.451 million compared to TWD 45.008 million a year ago. Net income was TWD 338.277 million compared to TWD 32.433 million a year ago. Basic earnings per share was TWD 7.32 compared to TWD 0.85 a year ago. Diluted earnings per share was TWD 7.25 compared to TWD 0.76 a year ago.
Singtex Industrial Co. Ltd is a Taiwan-based company mainly engaged in the processing, distribution, import and export of fibers, yarns, functional fabric products and ready-made clothes, raw materials, semi-finished products and others. The Companyâs fabric products consist of windproof, waterproof and breathable series, high-density water pressure resistance series, quick moisture absorption and release series, two-layer and three-layer functional fabric series, three-dimensional (3D) functional fabric series, PUSH and PULL series, special functional fabric series, and ready-made clothes. The Company distributes its products in domestic and overseas markets.
SINGTEX INDUSTRIAL CO., LTD. 
