Chyang Sheng Dyeing & Finishing Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 11, 2022 at 04:10 pm EDT
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Chyang Sheng Dyeing & Finishing Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 119.44 million compared to TWD 116.39 million a year ago. Revenue was TWD 117.74 million compared to TWD 114.73 million a year ago. Net loss was TWD 37.73 million compared to net income of TWD 3.88 million a year ago. Basic loss per share from continuing operations was TWD 0.23 compared to basic earnings per share from continuing operations of TWD 0.02 a year ago.
For the six months, sales was TWD 256.32 million compared to TWD 224.82 million a year ago. Revenue was TWD 252.53 million compared to TWD 221.68 million a year ago. Net loss was TWD 32.68 million compared to net income of TWD 35.56 million a year ago. Basic loss per share from continuing operations was TWD 0.2 compared to basic earnings per share from continuing operations of TWD 0.22 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.