Tex-Ray Industrial Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 15, 2020 at 05:08 pm
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Tex-Ray Industrial Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 3,742.401 million compared to TWD 2,048.079 million a year ago. Net income was TWD 447.652 million compared to TWD 23.249 million a year ago. Basic earnings per share was TWD 1.92 compared to TWD 0.1 a year ago. For the nine months, sales was TWD 6,253.877 million compared to TWD 5,328.555 million a year ago. Net income was TWD 92.357 million compared to net loss of TWD 23.090 million a year ago. Basic earnings per share was TWD 0.4 compared to basic loss per share of TWD 0.1 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.