Fu Ta Material Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 10:07 pm
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Fu Ta Material Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 44.24 million compared to TWD 39.1 million a year ago. Net income was TWD 6.32 million compared to net loss of TWD 16.87 million a year ago. Basic earnings per share from continuing operations was TWD 0.14 compared to basic loss per share from continuing operations of TWD 0.37 a year ago.
For the six months, sales was TWD 91.33 million compared to TWD 66.4 million a year ago. Net loss was TWD 2.84 million compared to TWD 23.85 million a year ago. Basic loss per share from continuing operations was TWD 0.06 compared to TWD 0.52 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.