Hong Ho Precision Textile Co. Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2018
November 12, 2018 at 06:30 pm
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Hong Ho Precision Textile Co. Ltd. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced total revenue was TWD 123.789 million compared to TWD 154.104 million a year ago. Sales was TWD 123.789 million compared to TWD 154.104 million a year ago. Operating loss was TWD 20.307 million compared to operating income of TWD 3.122 million a year ago. Net loss was TWD 10.814 million compared to net income of TWD 2.743 million a year ago. Basic loss per share was TWD 0.08 compared to basic earnings per share of TWD 0.02 a year ago.
For the nine months, total revenue was TWD 341.779 million compared to TWD 409.024 million a year ago. Sales was TWD 341.779 million compared to TWD 409.024 million a year ago. Operating loss was TWD 59.337 million compared to TWD 25.558 million a year ago. Net loss was TWD 37.905 million compared to TWD 22.744 million a year ago. Basic loss per share was TWD 0.28 compared to TWD 0.16 a year ago.
HONG HO PRECISION TEXTILE CO., LTD. is a Taiwan-based company mainly engaged in the manufacture and distribution of finished fabrics, apparels and gray fabrics. The Company's fabrics include home textile fabrics, city wear fabrics and sportswear fabrics. The Company's fabrics are used for sun cloth, curtains, coverlet bed sheets, pillow cases, chair covers, other home decorations, suits, dresses, shirts, overcoats, windbreakers, jackets, pants, polo shirts, sports suits, short pants, outdoor shirts and others. The Company distributes its products mainly within overseas markets, including Japan, South Korea, America, Canada and others.