Hung Chou Fiber Ind. Co., Ltd Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 07:28 pm
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Hung Chou Fiber Ind. Co. Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 304.681 million compared to TWD 802.474 million a year ago. Operating loss was TWD 65.430 million compared to operating Income of TWD 34.235 million a year ago. Net loss was TWD 62.433 million compared to net income of TWD 36.469 million a year ago. Basic loss per share was TWD 0.47 compared to basic earnings per share of TWD 0.28 a year ago. For the half year, total revenue was TWD 762.907 million compared to TWD 1,690.247 million a year ago. Operating loss was TWD 105.780 million compared to operating Income of TWD 64.862 million a year ago. Net loss was TWD 101.328 million compared to net income of TWD 74.410 million a year ago. Basic loss per share was TWD 0.77 compared to basic earnings per share of TWD 0.56 a year ago.
HUNG CHOU FIBER IND. CO., LTD is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The products of the Company include polyester granules, polyester filaments and polyester textured yarns. Its products are applied in the manufacture of apparels for men and women, causal apparels, sportswear products and industrial products, among others. The Company operates its businesses in Taiwan and Asia.