Lily Textile Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 12, 2019 at 01:28 pm
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Lily Textile Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 163.326 million compared to TWD 317.098 million a year ago. Operating income was TWD 28.104 million compared to operating loss of TWD 95.921 million a year ago. Net loss was TWD 32.201 million compared to TWD 294.931 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to TWD 2.14 a year ago. Basic loss per share was TWD 0.24 compared to TWD 2.18 a year ago. For the nine months, sales was TWD 506.989 million compared to TWD 914.987 million a year ago. Operating income was TWD 77.068 million compared to operating loss of TWD 171.330 million a year ago. Net loss was TWD 6.101 million compared to TWD 293.640 million a year ago. Basic loss per share from continuing operations was TWD 0.02 compared to TWD 2.13 a year ago. Basic loss per share was TWD 0.04 compared to TWD 2.17 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.