Tah Tong Textile Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 06:51 am
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Tah Tong 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 267.37 million compared to TWD 436.37 million a year ago. Net loss was TWD 103.93 million compared to TWD 32.98 million a year ago. Basic loss per share from continuing operations was TWD 1.6735 compared to TWD 0.5938 a year ago.
For the six months, sales was TWD 574.55 million compared to TWD 849.39 million a year ago. Net loss was TWD 145.36 million compared to TWD 35.69 million a year ago. Basic loss per share from continuing operations was TWD 2.3214 compared to TWD 0.6298 a year ago.
TAH TONG TEXTILE CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of textile products. Its products include yarns and fabrics. Its yarn products include pure cotton yarns, functional blended yarns, core spun yarns and slub yarns, among others. Its fabric products include cotton gray fabrics, blended gray fabrics, elastic gray fabrics, finished fabrics, knitting fabrics and other functional fabrics, among others. The Companyâs products are mainly applied in the manufacture of apparels. The Company operates businesses in Taiwan, Japan, Hong Kong, China, Europe and America, among others.