Hsin Sin Textile Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 03:48 pm
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Hsin Sin Textile Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 54.490 million compared to TWD 164.229 million a year ago. Operating loss was TWD 21.764 million compared to TWD 5.879 million a year ago. Net loss was TWD 11.981 million compared to net income of TWD 7.818 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.15 a year ago. For the half year, total revenue was TWD 177.668 million compared to TWD 303.773 million a year ago. Operating loss was TWD 26.087 million compared to TWD 14.149 million a year ago. Net loss was TWD 31.204 million compared to net income of TWD 3.463 million a year ago. Basic loss per share was TWD 0.6 compared to basic earnings per share of TWD 0.07 a year ago.
HSIN SIN TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of processed Tedoron yarns. The Company's principal business includes the manufacturing, twisting, weaving and dyeing of natural fibers, synthetic fibers, chemical fibers, wool fibers and other materials, as well as the garment production business. The company's products are mainly sold to Taiwan and overseas markets.
HSIN SIN TEXTILE CO., LTD. 
