Tex-Ray Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 05:54 pm
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Tex-Ray Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,048.079 million compared to TWD 2,102.467 million a year ago. Operating income was TWD 58.911 million compared to TWD 38.497 million a year ago. Net income was TWD 23.249 million compared to TWD 6.145 million a year ago. Basic earnings per share was TWD 0.1 compared to TWD 0.03 a year ago. For the nine months, sales was TWD 5,328.555 million compared to TWD 5,402.071 million a year ago. Operating income was TWD 43.371 million compared to operating loss of TWD 61.823 million a year ago. Net loss was TWD 23.090 million compared to TWD 132.692 million a year ago. Basic loss per share was TWD 0.1 compared to TWD 0.63 a year ago.
Tex-Ray Industrial Co., Ltd. is a Taiwan-based company principally engaged in the processing, production and sales of clothes. The Company is also engaged in the weaving, dyeing and sales of cotton fabrics and various fibers. The Company's main products include adult clothes, roller dyeing yarns, mercerized cotton yarns, tencel and rayon, single-sided fabrics, double-sided fabrics, tanning cotton fabrics, fancy yarn fabrics, elastic fabrics, tencel cotton fabrics and metal fibers. The Company mainly distributes its products in overseas markets.