Lily Textile Co., Ltd. Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
November 12, 2018 at 01:50 pm
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Lily Textile Co., Ltd. announced earnings results for the third quarter and nine months ended September 30, 2018. For the third quarter, the company announced sales was TWD 317.098 million compared to TWD 276.257 million a year ago. Operating loss was TWD 95.921 million compared to TWD 3.604 million a year ago. Net loss was TWD 294.931 million compared to TWD 21.627 million a year ago. Basic loss per share from continuing operations was TWD 2.14 compared to TWD 0.1 a year ago. Basic loss per share was TWD 2.18 compared to TWD 0.16 a year ago. Loss from continuing operations was TWD 529.470 million compared to TWD 24.319 million a year ago.
For the nine months, sales was TWD 914.987 million compared to TWD 885.043 million a year ago. Operating loss was TWD 171.330 million compared to TWD 15.883 million a year ago. Net loss was TWD 293.640 million compared to TWD 166.583 million a year ago. Basic loss per share from continuing operations was TWD 2.13 compared to TWD 0.89 a year ago. Basic loss per share was TWD 2.17 compared to TWD 1.24 a year ago. Profit from continuing operations was TWD 550.293 million compared to TWD 157.197 million a year ago.
LILY TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and trading of textile products. The Company operates through two segments. The Textile segment is engaged in the production, weaving, processing, trading, biding and agency businesses of natural cotton, artificial fibers and chemical fibers. The Logistics segment is engaged in the warehouse storage, cargo handling and processing businesses. The Company mainly operates its businesses in Taiwan market.