Tri Ocean Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 12:43 am IST
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Tri Ocean Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 54.830 million compared to TWD 77.137 million a year ago. Operating loss was TWD 44.871 million compared to operating Income of TWD 177.273 million a year ago. Net loss was TWD 117.990 million compared to net income of TWD 159.605 million a year ago. Basic loss per share was TWD 2.56 compared to basic earnings per share of TWD 3.49 a year ago. Diluted loss per share was TWD 2.56 compared to diluted earnings per share of TWD 2.87 a year ago. For the half year, sales was TWD 120.542 million compared to TWD 156.564 million a year ago. Operating loss was TWD 106.097 million compared to operating Income of TWD 139.684 million a year ago. Net loss was TWD 207.548 million compared to net income of TWD 122.155 million a year ago. Basic loss per share was TWD 4.51 compared to basic earnings per share of TWD 2.75 a year ago. Diluted loss per share was TWD 4.51 compared to diluted earnings per share of TWD 2.33 a year ago.
Triocean Industrial Corporation Co Ltd, formerly Tri Ocean Textile Co., Ltd., is a Taiwan-based company engaged in the construction business. The Company primarily undertakes projects on a turnkey contract basis. The Company involved in construction of projects include residential projects, including government housing and dormitory projects; commercial and office buildings, including office buildings, hospitals, and schools; public works, including mass rapid transit projects, highways, civil engineering, and bridge projects; as well as factory construction and other special projects.
TRIOCEAN INDUSTRIAL CORPORATION CO., LTD. 
