Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 18, 2020 at 11:58 pm IST
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Taiwan Taffeta Fabric Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 1,904.529 million compared to TWD 1,947.905 million a year ago. Operating income was TWD 28.453 million compared to TWD 1.193 million a year ago. Net income was TWD 34.898 million compared to TWD 20.161 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.15 a year ago.
TAIWAN TAFFETA FABRIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of fabrics and yarn products. The businesses of the Company include the manufacture, sales and trading of finished polyester fabrics, the manufacture, sales and trading of polyester gray fabrics, the trading of yarn materials, the provision of original equipment manufacturer (OEM) services, as well as the development, leasing and sales of residential properties. The Company operates through four segments, including cotton mill segment, fabric mill segment, construction segment and accessories and garments segment. The Company operates businesses in domestic market and other markets, such as Asia, Europe, America and Africa.
TAIWAN TAFFETA FABRIC CO., LTD. 
