Tex-Ray Industrial Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 12:06 am IST
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Tex-Ray Industrial Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,300.026 million compared to TWD 1,718.889 million a year ago. Operating loss was TWD 178.115 million compared to operating Income of TWD 28.087 million a year ago. Net loss was TWD 196.994 million compared to TWD 14.915 million a year ago. Basic loss per share was TWD 0.84 compared to TWD 0.06 a year ago. For the half year, sales was TWD 2,511.476 million compared to TWD 3,280.476 million a year ago. Operating loss was TWD 320.329 million compared to TWD 15.540 million a year ago. Net loss was TWD 355.295 million compared to TWD 46.339 million a year ago. Basic loss per share was TWD 1.52 compared to TWD 0.2 a year ago.
Tex-Ray Industrial Co., Ltd. is a Taiwan-based company principally engaged in the processing, production and sales of clothes. The Company is also engaged in the weaving, dyeing and sales of cotton fabrics and various fibers. The Company's main products include adult clothes, roller dyeing yarns, mercerized cotton yarns, tencel and rayon, single-sided fabrics, double-sided fabrics, tanning cotton fabrics, fancy yarn fabrics, elastic fabrics, tencel cotton fabrics and metal fibers. The Company mainly distributes its products in overseas markets.