Taiwan Taffeta Fabric Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 25, 2021 at 06:40 pm
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Taiwan Taffeta Fabric Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 1,204.928 million compared to TWD 1,904.529 million a year ago. Operating loss was TWD 96.664 million compared to operating Income of TWD 28.453 million a year ago. Net loss was TWD 38.296 million compared to net income of TWD 34.898 million a year ago. Basic loss per share was TWD 0.31 compared to basic earnings per share of TWD 0.28 a year ago.
TAIWAN TAFFETA FABRIC CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of fabrics and yarn products. The businesses of the Company include the manufacture, sales and trading of finished polyester fabrics, the manufacture, sales and trading of polyester gray fabrics, the trading of yarn materials, the provision of original equipment manufacturer (OEM) services, as well as the development, leasing and sales of residential properties. The Company operates through four segments, including cotton mill segment, fabric mill segment, construction segment and accessories and garments segment. The Company operates businesses in domestic market and other markets, such as Asia, Europe, America and Africa.
TAIWAN TAFFETA FABRIC CO., LTD. 
