Tri Ocean Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 08:20 pm IST
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Tri Ocean Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 135.541 million compared to TWD 176.223 million a year ago. Operating loss was TWD 27.926 million compared to TWD 8.903 million a year ago. Net loss was TWD 36.975 million compared to TWD 9.866 million a year ago. Basic loss per share was TWD 0.81 compared to TWD 0.23 a year ago. For the nine months, sales was TWD 292.105 million compared to TWD 475.365 million a year ago. Operating income was TWD 111.758 million compared to operating loss of TWD 60.391 million a year ago. Net income was TWD 85.180 million compared to net loss of TWD 60.289 million a year ago. Basic earnings per share was TWD 1.9 compared to basic loss per share of TWD 1.41 a year ago. Diluted earnings per share was TWD 1.62 compared to diluted loss per share of TWD 1.41 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. 
