Allied Industrial Corp., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 14, 2020 at 05:17 pm
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Allied Industrial Corp., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 291.088 million compared to TWD 157.765 million a year ago. Operating loss was TWD 11.722 million compared to TWD 5.766 million a year ago. Net loss was TWD 2.825 million compared to net income of TWD 517,000 a year ago. Basic loss per share was TWD 0.04.
Allied Industrial Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and distribution of dyes. The Company mainly provides dyes and food additives. The Companyâs dyes consist of disperse dyes, reactive dyes, acid dyes, basic dyes, dyeing and finishing auxiliaries and others. The Companyâs products are used in the dyeing and printing of fibers and synthetic fibers, such as acetic acid, polyester, nylon, wool, silk and cotton. The Company distributes its products within the domestic market and to overseas markets, including Asia, the Middle East and others.
ALLIED INDUSTRIAL CORP., LTD. 
