Singtex Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 08:48 pm
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Singtex Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 630.277 million compared to TWD 399.947 million a year ago. Operating income was TWD 80.762 million compared to TWD 20.593 million a year ago. Net income was TWD 59.966 million compared to TWD 13.355 million a year ago. Basic earnings per share was TWD 1.29 compared to TWD 0.32 a year ago. Diluted earnings per share was TWD 1.29 compared to TWD 0.27 a year ago. For the nine months, sales was TWD 1,646.109 million compared to TWD 1,243.465 million a year ago. Operating income was TWD 137.213 million compared to TWD 65.601 million a year ago. Net income was TWD 398.243 million compared to TWD 45.788 million a year ago. Basic earnings per share was TWD 8.6 compared to TWD 1.16 a year ago. Diluted earnings per share was TWD 8.54 compared to TWD 1 a year ago.
Singtex Industrial Co. Ltd is a Taiwan-based company mainly engaged in the processing, distribution, import and export of fibers, yarns, functional fabric products and ready-made clothes, raw materials, semi-finished products and others. The Companyâs fabric products consist of windproof, waterproof and breathable series, high-density water pressure resistance series, quick moisture absorption and release series, two-layer and three-layer functional fabric series, three-dimensional (3D) functional fabric series, PUSH and PULL series, special functional fabric series, and ready-made clothes. The Company distributes its products in domestic and overseas markets.