Tri Ocean Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 11:36 pm IST
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Tri Ocean Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 103.693 million compared to TWD 135.541 million a year ago. Operating loss was TWD 47.846 million compared to TWD 27.926 million a year ago. Net loss was TWD 70.778 million compared to TWD 36.975 million a year ago. Basic loss per share was TWD 1.54 compared to TWD 0.81 a year ago. For the nine months, sales was TWD 224.235 million compared to TWD 292.105 million a year ago. Operating loss was TWD 153.943 million compared to operating Income of TWD 111.758 million a year ago. Net loss was TWD 278.326 million compared to net income of TWD 85.180 million a year ago. Basic loss per share was TWD 6.04 compared to basic earnings per share of TWD 1.9 a year ago. Diluted loss per share was TWD 6.04 compared to diluted earnings per share of TWD 1.62 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. 
