Shinkong Textile Co.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 13, 2020 at 07:11 pm
Share
Shinkong 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 430.085 million compared to TWD 464.772 million a year ago. Operating income was TWD 7.184 million compared to TWD 37.395 million a year ago. Net income was TWD 11.326 million compared to TWD 55.586 million a year ago. Basic earnings per share was TWD 0.04 compared to TWD 0.19 a year ago. For the half year, total revenue was TWD 996.698 million compared to TWD 869.248 million a year ago. Operating income was TWD 32.962 million compared to TWD 24.010 million a year ago. Net income was TWD 25.734 million compared to TWD 51.341 million a year ago. Basic earnings per share was TWD 0.09 compared to TWD 0.17 a year ago.
SHINKONG TEXTILE CO., LTD is a Taiwan-based company principally engaged in the manufacture and sales of textile products. The Companyâs products include garments, high performance outdoor fabrics, high performance sports fabrics, fashion fabrics and multifunctional blended fabrics. The Company operates through three segments. The Marketing segment is engaged in the sales of finished fabrics and exporting businesses. The Retailing segment is engaged in the agency of PGA TOUR brand and ADIDAS GOLF brand, the proprietary operation of ARTIFACTS brand and ART HAUS brand, as well as the design and manufacture of group uniforms. The Construction segment is engaged in the land development businesses and the leasing and sales of properties. The Company operates businesses in Taiwan, Vietnam and China, among others.
SHINKONG TEXTILE CO.,LTD 
