Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021
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Taiwan Taffeta Fabric Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 419.004 million compared to TWD 239.682 million a year ago. Operating loss was TWD 2.482 million compared to TWD 44.429 million a year ago. Net income was TWD 8.914 million compared to net loss of TWD 24.981 million a year ago. Basic earnings per share was TWD 0.07 compared to basic loss per share of TWD 0.2 a year ago. For the half year, sales was TWD 786.009 million compared to TWD 631.985 million a year ago. Operating loss was TWD 12.553 million compared to TWD 45.878 million a year ago. Net income was TWD 3.106 million compared to net loss of TWD 24.548 million a year ago. Basic earnings per share was TWD 0.02 compared to basic loss per share of TWD 0.2 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. 
