Shinkong Textile Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 07:27 am
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Shinkong Textile Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 682.36 million compared to TWD 713.64 million a year ago. Revenue was TWD 683 million compared to TWD 713.64 million a year ago. Net income was TWD 167.68 million compared to TWD 282.05 million a year ago. Basic earnings per share from continuing operations was TWD 0.56 compared to TWD 0.94 a year ago. Diluted earnings per share from continuing operations was TWD 0.56 compared to TWD 0.94 a year ago.
For the six months, sales was TWD 1,511.26 million compared to TWD 1,463.02 million a year ago. Revenue was TWD 1,511.9 million compared to TWD 1,463.02 million a year ago. Net income was TWD 258.06 million compared to TWD 1,707.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.86 compared to TWD 5.71 a year ago. Diluted earnings per share from continuing operations was TWD 0.86 compared to TWD 5.7 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 
