Fu Ta Material Technology Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 08:31 pm
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Fu Ta Material Technology Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 34.590 million compared to TWD 43.352 million a year ago. Operating loss was TWD 9.949 million compared to TWD 13.340 million a year ago. Net loss was TWD 14.720 million compared to TWD 21.336 million a year ago. Basic loss per share from continuing operations was TWD 0.32 compared to TWD 0.38 a year ago. Basic loss per share was TWD 0.32 compared to TWD 0.47 a year ago. For the half year, sales was TWD 70.429 million compared to TWD 92.159 million a year ago. Operating loss was TWD 17.006 million compared to TWD 23.616 million a year ago. Net loss was TWD 17.896 million compared to net income of TWD 361.689 million a year ago. Basic loss per share from continuing operations was TWD 0.39 compared to basic earnings per share from continuing operations of TWD 8.06 a year ago. Basic loss per share was TWD 0.39 compared to basic earnings per share of TWD 7.86 a year ago.
J D Development Co Ltd is a Taiwan-based company that mainly produces and manufactures textile products. The Company operates three business segments. The Textile segment supplies and produces a variety of woven fabrics of different materials. Its product lines include nylon fabrics, polyester fabrics, protective clothing and masks for medical equipment. The Green Energy segment provides parts sales, power station planning, construction and installation, and maintenance for small and medium-sized solar power stations. The Medical Equipment segment develops a variety of epidemic prevention products, such as mask cleaning pads, protective clothing and other series of products.