Allied Industrial Corp., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 05:11 pm
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Allied Industrial Corp., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 264.098 million compared to TWD 82.120 million a year ago. Operating loss was TWD 11.764 million compared to TWD 15.295 million a year ago. Net income was TWD 32.121 million compared to net loss of TWD 306.571 million a year ago. Basic earnings per share was TWD 0.15 compared to basic loss per share of TWD 1.37 a year ago. For the nine months, sales was TWD 748.268 million compared to TWD 326.317 million a year ago. Operating income was TWD 2.989 million compared to operating loss of TWD 48.336 million a year ago. Net income was TWD 57.657 million compared to net loss of TWD 307.691 million a year ago. Basic earnings per share was TWD 0.26 compared to basic loss per share of TWD 1.37 a year ago.
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. 
