Chyang Sheng Dyeing & Finishing Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 10:30 am EDT
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Chyang Sheng Dyeing & Finishing Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 62.053 million compared to TWD 128.487 million a year ago. Operating loss was TWD 22.772 million compared to operating Income of TWD 330,000 a year ago. Net loss was TWD 3.834 million compared to net income of TWD 22.513 million a year ago. Basic loss per share was TWD 0.02 compared to basic earnings per share of TWD 0.14 a year ago. For the half year, total revenue was TWD 266.130 million compared to TWD 283.194 million a year ago. Operating income was TWD 16.451 million compared to TWD 21.628 million a year ago. Net income was TWD 34.690 million compared to TWD 70.012 million a year ago. Basic earnings per share was TWD 0.21 compared to TWD 0.43 a year ago.
CHYANG SHENG DYEING & FINISHING CO., LTD. is a Taiwan-based company principally engaged in textile dyeing and finishing business. The Company is mainly engaged in the spinning and weaving of various fibers such as natural fibers, man-made fibers, synthetic fibers and chemical fibers. The Company is engaged in the printing, bleaching, dyeing and finishing of various textile products as well as the sales of finished fabrics. In addition, The Company is also engaged in the construction and sales of residential and commercial buildings. The Company distributes its products within the domestic market and to overseas markets.